myspace is still a great place to check if a band you like is on tour and might be coming to your area, and also what new stuff they might be working on, and I agree with the OP that facebook is not really that great, facebook is starting to get a little creepy actually with the whole timeline thing wanting to document your whole life under your real name and link it all up with everyone you've ever met, not sure how long that is going to last but I can see facebook going into a freefall of losing users some time in the future
