You need to assess the parents views on photo sharing before making the decision (and have their permission). I think a lot of families are ok with it as it is just the norm these days to share photos online. Some are not. I don't post online, but have permission to share photos via email to other daycare families. One family was against this at first and I just made note to not have their child in the photos shared. But they quickly realized they were missing out on the fun and changed their mind to get in on the photo sharing action. I don't know if they would have changed their mind if I was posting them on facebook though.
In my personal opinion. In this day and age there is NO way to prevent being in random peoples cell phone photos and videos. Every where we go people have their phones out. We end up in a lot of photos without knowing it.
I suspect the odds of a real creep tracking us down and stalking us to cause harm is pretty slim, and we can't live our lives in fear. I keep my child dressed like a young child and just trust that some photos online is not going to cause harm.
One more note, i don't use any of the tracking features on facebook. Yes, people can see landmarks and figure out where we were. But I am not posting in real time and not showing our every move. The bad guys can put some effort in to tracking us down, I won't do the hard work for them!