I must have missed the boat on MySpace during its heyday, but it certainly has lost relevance recently. The one thing I have always appreciated on MySpace is the music aspect. Perhaps this is just a sign that their intended size is no long realistic, and they should be refocusing on the needs of bands.

The music-focused social network market seems much less competitive than the general do-all be-all that Facebook has come to dominate. I could see MySpace making a strong case against the likes of Last.fm.