I can see why it's going/went down, I don't use any of the social sites much but I do have myspace and facebook accounts from a few years ago and Myspace is terrible.
I been logging in a lot lately to clean the spam that comes in the form of fake friend invites (big issue) and it always seems that the connection times out a lot, so that's two issues right there.
Plus it seems myspace is not even relevant except for on tv where characters drop its name as something people are still using when in reality they are not. Myspace has gone the way of single core cpu's, celebs having decent fashion sense and good hip-hop.
Meet a chick on campus she'll pass her number and ask you to follow her on twitter, need to set up a study group they say send me a note on FB.
I aint heard nobody mention myspace for a couple years now except for on tv which is always a few years behind.