As you are already aware, MySpace is opening their platform to API development to keep in pace with the other social networks. But.. Are they too late?

In order to compete, MySpace was forced to implement a Development Platform. The executive staff either overlooked this feature, or did not even bother to consider the idea. My guess is that they believe themselves to be the Giant in the field. This IS correct, but as all of us know quite well it only takes a kid in his basement or dorm room to take down the biggest of Giants.

I expect the API to be lacking features and full of bugs. This whole endeavor by MySpace reeks of impossible deadlines and shotty coding practices to pump out something, anything, just to stay alive. Too much relies on the successful launch to rush the developers. Coming from a background in Software Development, I can attest first hand that impossible deadlines create inferior code.

This may very well be the start of the end for the Giant, and a mass migration of the all so valuable asset of social media sites - the Users. The future of MySpace depends on a successful launch of it’s API, along with the support of the development community. Time will tell..