One uses the facebook app and one uses friendstream widget. I think if you share through friendstream, it just posts a link and through facebook app it is a little better.
Give it a go for comparisson, I may be wrong. Been a while since I used Friednstream.
I don't use Friendstream, but I believe you can post updates to multiple accounts at the same time with it (eg Facebook and Twitter), where as the Facebook option only updates your FB status.
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