You can find simplified navigation bar at the left side of your Facebook's home page. You can find the regularly used News Feed, Messages, Events and Friends links at the top of the side bar, and below of it you can find six links to your Applications, Games and
other bookmarks you used often. The remaining apps and bookmarks are dropped to More Link.
You can drag your favorites to top list by clicking 'More' and then edit button. (make sure to click Done button after dragging )
If you con't use an application for 30 days it will moved down to More link.