UPDATE: It turns out Facebook and many other sites  are using an almost identical scheme to override Internet Explorer's  privacy setting, according to 
privacy researcher Lorrie Faith Cranor  at Carnegie Mellon University. "Companies have discovered that they can  lie in their [P3P policies] and nobody bothers to do anything about  it," Cranor wrote in a recent blog post. 
  
UPDATE 2: Google has gotten back to us with a  lengthy reply, arguing that Microsoft's reliance on P3P forces outdated  practices onto modern websites, and points to a 
study conducted in 2010 (the 
Carnegie Mellon research  from Cranor and her colleagues) that studied 33,000 sites and found  about a third of them were circumventing P3P in Internet Explorer. 
Facebook's "Like" button, the ability to sign into websites using  your Google account "and hundreds more modern Web services" would be  broken by Microsoft's P3P policy, Google says. "It is well known that it  is impractical to comply with Microsoft’s request while providing this  web functionality," Whetstone said. "Today the Microsoft policy is  widely non-operational."
  That 2010 research even calls out Microsoft's own msn.com and  live.com for providing invalid P3P policy statements. The research paper  further states that "Microsoft's support website recommends the use of  invalid CPs as a work-around for a problem in IE."