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Slimebeast said:

What a faulty analysis to compare MySpace with Facebook.

What about YouTube, eh? Is YouTube going away too in the near future? It's as huge as it's ever been, and I think it was launched in 2005.

Myspace was never big. Facebook is enormous. You can't compare the two. Everybody is on FB, ordinary people, artists, shops, companies, everybody has a page on FB, even terrorists. Only a few nerds and some people who want to remain anonimous like me aren't on FB but the majority of young people in the rich world are there. Has there ever been a social site able to gather so many people together all over the world?

Thank You.  I'm not saying Facebook is infallible by any means. But seriously it works well and I don't see any alternatives that blow it out of the water.  For now, there is no indication that Facebook is on the way out...