Yes, they do. General public certainly think immutability on social media is negative. There is a big initiative in EU, to push for a law for 'the right to be forgotten' on Internet.
The difference is in WHO gets to see your permanent record. With memo it's forever available to everyone. With FB etc. it's available to the highest bidder and otherwise censorable.
Yeah, it's fair game on memo. The rules apply to everyone. You can't blame anyone but yourself since you have the freedom to participate, or exclude yourself otherwise.