How do I stay private on Facebook Timeline?

[Double]

I just read an article on CNN that Facebook Timeline will be mandatory and global, no longer opt-out. I have hated every single Facebook upgrade to date, mainly for the way they rearrange everything and make the privacy options not very intuitive. I was hoping Timeline would remain an opt-in upgrade but it doesnt look that way.
Either I can delete my Facebook account or try and figure out how to stay private.

Does anyone have any information, suggestions or ways to use Timeline and remain "private"? (Private as in sharing only what I want to share?)

[GoTz A GeaR LooSe]

i just read an article on yahoos news that facebook is doing this to gain more information on its members privacy matters i say,i smell a rat.

[abraXus]

here's a good guide

http://abrax.us/Facebook/TimelineChecklist.php