Hasin Hayder has proposed an interesting replacement for the usual caching mechanism - using the Facebook data storage API to cache copies of pages/data/etc.

Why not! All you need is a fast-n-furious caching storage for your Facebook application which stores values against a key, same like a hash table. Facebook data storage API does the same for you. using the batch API in Facebook rest client you can seriously think it as an alternative of memcache.

He shows the simple process for making the object (manually in a preexisting application), inserting data into the object through the API they provide and how to pull that data back out.