The New MySpace

Myspace looks to be back. The design looks sleek and they've played up the "exclusivity" factor by making the new version invite only. I have unashamedly signed up for the invite list.

It looks to be a solid push to bring MySpace, the butt of social media's jokes back to relevancy. Does the functionality stand up well next to the new design?

What do you think? What are the odds that Justin Timberlake can resurrect MySpace?