The instant messaging app Verbs IM has just received its first update in well over a year.

We are thrilled to let you know that Verbs just got updated, and has extended its capabilities to a new network, namely Facebook.

Verbs ($2.99), the instant messaging application for the iPhone and iPod touch, has recently received an update. The new version (2.0) brings a variety of changes - however, if you want two of the best new features, you're going to have to pay a little extra.

The IM app market is getting a bit crowded, so how does Verbs stack up against the competition? Read through to find out..