Agreed. I just created an account on Facebook, clicked "Create Ad", attached my PayPal account as a method of Payment, and Facebook is showing my ads. I will have to pay them after I reach $20.00 I believe, but they don't charge you up front, they give you the benefit of the doubt.
So you should just be able to:
1) Create Facebook Account (non verified)
2) Create Paypal Account (non verified) <- Reading the post above me, maybe it only works with VERIFIED Paypal account. How much is it to buy that?
3) Link the 2 together
4) Create ads
5) Run ads until they try to charge you
6) Wait until ban for non-payment
7) Start again
Well, its working for me anyways. But I have full plans to pay my balance as its for a legitimate business.