myspace is currently has 69 million users and I think at least count 3.4 trillion bands.  Sure, it's fun for Bobby B and the MacHanics to put some tunes, make some friends and solicit romantic rendenvous as only under 18s can, but what is the future for music distribution?  

Slate ponders some of this today. myspace is taking the initiative and starting a label, but whether online loyalty will translate into real record sales for unknown bands is still, well, unknown.  The ubiquity of myspace in the lives of dem youths is well-documented.  I wonder how much loyalty that age group has to buying music.