How to hide facebook wall? New privacy settings.?

[?]

There is a privacy setting for that. Here's how to do it:

1) when you log into facebook go to the blue menu bar on top of the page
2) move your mouse over "settings"
3) click on "privacy settings"
4) click on "Profile"
5) scroll till you find "wall posts" section
6) Click on "Edit custom settings"
7) when the window pops up look for the bottom area where it says "except these people"
8) start typing in the names and there you go!