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The vast majority don't let you turn off or delete your "own" account. That is so against the most basic rules of web management that quite frankly any of them gets my downed thumb just for that!
My guess is that the smaller the user base, the harder they make it to cancel/delete your account.
I think time is the reason it's so popular, i.e. working people don't have it, so Facebook is good enough. Young people have more time to make MySpace fit them, to build an online brand. Time invested is why they stay number 1.
It's actually a good, targeted product for the demographic, but we'll see how they evolve with stiffer competition.
My main gripe is the UI functions are less than intuitive, esp the messaging.
It has a nice and simple interface not very customizable,
but have some nice drag and drop features :)
cheers,
p.
Both serve a purpose but as someone who likes seeing expression no matter how wrong it may appear in ones view i'd take myspace over facebook anyday.
Anyway, the self-expression thing is definitely a plus for MySpace over Facebook, if that's what you want from a social network. I really think it's a time/demographic issue, i.e. MySpace users spend more time to brand themselves because they are generally younger and presumably have more time for that exercise. This also appeals to marketing and branding entities that want to target that demographic.
Facebook's trim interface focuses on the social features, which shortcuts the UI stuff.