The website looks a lot better than before, and now features an endless scrolling news feed, along with the ability to view private groups and more.
However, touch.facebook.com already has some issues with Windows Phone. The drop down menus for notifications, friend requests, and messages don’t display the background properly, so the text is sloppily displayed over everything else. Also, the website doesn’t work at all for my Samsung Focus, whereas it works fine on my HTC HD7!
Overall, I still recommend visiting the full Facebook website over the touch.facebook.com website, or simply using the built-in Facebook integration!