All the references I can find refer to the developer preview, not the released version - I have a friend that can't possibly edit their history in 7 days, and feels like the Timeline is a countdown to armageddon.
You cannot restore facebook to its old version, it is a compulsory change made you have to use the new one now.
[Summary: Start a new Facebook profile]
i've been googling for the best solution until i found this one http://parakayjuan.com/2011/12/19/how-to-get-your-old-facebook-layout/ I believe it's the only working option that we have now.
[Summary: Set up a Google Plus account]
The ONLY solution out there to Remove or Delete the Facebook Timeline: