You will finally be able to understand it.
In a statement, Facebook writes:
1. First, it should be easy to understand, even when the concepts are complicated, or it is of no use to anyone.
2. Second, it should be visual and interactive, because that’s the way people use the web today.
3. And third, it should focus on the questions people who use Facebook are most likely to ask, because that makes it relevant.
Do note that the actual content of the policies have not changed, it’s only made easier to read for the layman. You can access the new policy page here.