Has anyone gotten a rescue team together to save the people still on that sinking ship? Those people have families. On a serious note, I have a hard time thinking of a way for MySpace to be relevant again. Having over 60 millions unique visitors a month is still nothing to gawk at, but I can't see them holding on to them without doing something radical.

I do not see a way of radically changing that will not drive even more users away. But one thing is certain, if you drop +10% in revenue(traffic) a month parent companies get itchy.

I think Myspace is actually much worse off than the stats say. Its lack of relevance isn't a question anymore. But, it has a huge number of links pointing to user pages (most of which have more information available their Facebook counterts). As such, I'd wager a good bit of these unique visitors are just "phantom traffic" coming in from search engines. The rest of the traffic surely couldn't be worth enough to keep the company alive.

Here are the rough traffic stats:

1) http://traffic.alexa.com/graph?&w=400&h=220&o=f&...;

2) http://siteanalytics.compete.com/myspace.com/