Facebook vs. Myspace

Despite all the hype around Facebook these days (it seems that The Globe and Mail carries at least two stories on it per day), TechCrunch reminds us that MySpace is still way, way ahead in the America market. Their market share is declining, but still sits above 70%, and that's nothing to sneeze it.

TechCrunch's Duncan Riley suggests that "if Facebook is worth $15 billion, on traffic ratios alone MySpace would be worth $67.67 billion."