Threatening to leave because you want something on a service to be left unchaged is not equivalent to leaving a service because there's a newer, better service available. If site designers listened to everyone who gripes when a feature changes, they'd never change anything much, and inevitably would end up losing out to someone who comes along with a better product. That's much closer to what happened with MySpace - they failed to innovate, and got overtaken by FB.

i really can't think of any company on the internet who botched and ruined everything they had more than myspace. i still don't even think they're trying to improve their product yet.

Yahoo and Digg certainly seem intent on trying.

It would take pretty deep pockets to compete with YouTube at this point. Content isn't like search, so YouTube can tick a lot of people off and still not notice.

If Hulu (or Yahoo) had built professional channels, then they might have taken some of the high traffic stuff from YouTube. If the cable-viewers only rule is implemented on Hulu, then they might take myspace's crown away.

Digg's probably the only other example I can think of.

i wanted to say digg might be an example, but myspace was such a massive development that i didn't want to draw the comparison. digg's death was certainly quicker.