Why MySpace?

Myspace is a ok place to create an account and to see friends pages. But the layout is just awful, there are to many banner ads in your face, Some profiles are unreadable because of huge gaudy background templates, the add music to your profile sucks I don't know about you but I don't want a rock song to start playing automatically. Really what draws people to this? I don't get it. I'm not for the Walmart alternative witch is just lame. But why are people into Myspace? I don't see one thing that Myspace has over any other competitors. You also got 69 million members with 500,ooo a week, what attracts people?