While I find that using Facebook Connect with blogs and other sites around the web very useful, I don't think it would be a good idea, if it was even possible, on this site. The log in is your "global username" & password, which through that account, you have access to ALL your personal account, employment, banking, pay stubs, etc. I personally give Facebook a lot of info, but I don't think I'm ready to give them everything yet.
...just my 2 beans.
It is possible. Under the picture of your project there is a "Share" and a Facebook icon. When you click on that F icon, it takes to to FB (you still have to log in etc...) and it simply posts your project there. It is great if you have a big event and want to make it even bigger...
I don't think you have to worry about your information because everyone will just see the project information. To see more they have to log in to our Communication website. If they don't have a profile, they can't do anything more. All olr customers can create their profile there now, so it is something like a "Starbucks Community Service Facebook" anyway.
All the best,