The 101 on Facebook’s Timeline including some quick tips that will help you do a few of the things you want to do:

(This is even more important now since Facebook pages are also moving to the new timeline.)

I personally have been on the Timeline since the time that it was only open to developers, before the general public could have it.  I love it!  I have since moved my business facebook page to the timeline as well, and will be posting about those differences as soon as I’ve had a chance to play with it!  (You can check my business fan page at ).