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I frequently write about negatives in youth online presence. I'm concerned that excessive texting and Facebook interaction is making kids unable to relate face-to-face. I think the healthy solution is balance. If kids only "socialize" from behind a screen, when they don't talk, only text, that's dangerous. And the "who with" is as important as the "how much." For the most part, kids should interact with agemates, not adults online. If you wouldn't let your kid go somewhere with someone, you shouldn't let him hang out online with them either.
When kids are equally social, online and off, then blogging and social networking seem to be positive. Adults, this advice is for us, too. I've had many positive experiences from blogging and Facebook. The former is part of how I earn my living. And the latter has enabled me to boost confidence and extend my comfort zone. Read more about how Blogging Helps Teens with Social Problems