Not quite yet. For 3.2, coming out very soon, we're adding the ability if you're using the "Full Joomla User" feature to add extra fields to the registration form. If you're using CB or JomSocial, we're planning to update those plugins after the release to add their "Accept Terms" buttons, but it won't be available immediately.
Extra fields will not be possible for the Facebook Only option simply because that will require a form.. and at that point, you might as well go with the Full User option.
Another option that may work temporarily (or permanently) that we've seen is simply redirecting the user to the Terms page using the New User Redirection. If the terms say anything along the lines of "Continued use of this site constitutes acceptance of these terms", that should be good. We're no lawyers, of course, though.
For more info on the 3.2 release, feel free to check out our sneak peek:
www.sourcecoast.com/blog/item/106-jfbconnect-32-sneak-peek
Hope that helps answers your question.