Whose Space is Myspace Anyway?

Heather signed me up for myspace this week and it seems to be taking the internet world by storm, kind of like blogs were supposed to do. Everyone and their mother, literally, is on this personal-profile based website, allowing you to link-up pics and videos in a brag-sheet fashion for all the world to see, and it seems that all the world is seeing them.
For example, a night after I posted to my myspace profile that I attended the University of Alabama as a Alpha Tau Omega fraternity member I received 2 friend requests from friends of mine that I haven't talked to in years from my old house; crazy.
Myspace was created as a singles-site that has mutated into a full-on yearbook junkie reunion page for everything from everyday friends to obscure acquaintances to people you've never met.
Your info for all the world to see; and we're all throwing it out there. Pictures and personal dish sprawled across your page with links to everyone you know and gossip on everything you do, like to do, and places you spend your time; everything. There's already been reported cases of misuse of the pedophilia-type, and myspace has combated the problem with an age limit on allowed users, but that's like expecting to stop trespassers because you posted a really-really big scary sign.
My Myspace Page