Picture 311 Facebook iPhone App Update Now Live in the App StoreFacebook’s updated iPhone app is now live in the App Store.

The app update, announced at Facebook’s Places event this afternoon, brings a new Facebook Groups interface, deals, improved checkins and a flurry of bug fixes.

To download the app, click here or check for updates in itunes or on your iPhone or iPod touch.

Update: If you’re experiencing issues, I know it doesn’t help but please be patient.