Then there's photo sharing - back in the day (before multiple photo upload on Myspace) my friend group used a shared Flickr account to share photos, but it was a one way experience - no commenting or interaction.
I'm sure there are plenty of sites which do both those things better (only in the last year or so have we had the option to have reasonable resolution photos on Facebook), but without the user reach I'm not going to use them.
That being said, Facebook amongst people I know feels like Myspace just before Facebook became popular (2007ish). We use it because it's there, but there's a feeling that people are after something better. Especially with their news feed 'algorithm' which completely excludes me from hearing about news from some of my good friends.