i have recently read abt face book ads. is it possible to get traffic from facebook ads? what is your experience with it?
If you know which niche you're targeting, yeah it can be extremely profitable. You just need to set up your ad units properly, and having more descriptive and attractive looking ads works much better than standard and general ads, too bland.
Facebook is mostly good for website promotion and not for generating revenue. Unless you try you will not know whether it's a good place for your product.