The Timeline feature announced back in October 2011 by Facebook has now been rolled out for all users. This feature allows users to share and highlight your most memorable posts, photos and life events on your timeline.
Definition 6 in collaboration with Facebook has now released a new app, called Facebook Timeline movie maker.This app creates a superb animated video based on your Facebook timeline posts and images over the months and years.
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Create A Movie Based on Your Facebook Timeline
You can start creating the movie by visiting the Facebook Timeline movie maker app. Once you authorize to access the Facebook profile, it starts creating your movie from the memories. Once the movie is created, you can edit it by removing any particular photos you do not want to have and also change the soundtrack (original, nostalgic, cinematic, romantic and playful).

You can share this video with your friends and not subscribers. However there is no option to embed the video on any other site or blog. The resultant video is pretty nice and also the animations are cool.
Here is a demo video from the developer.
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