No, you’re not going to be able to download your MySpace contacts into your address book, but according to Reuters MySpace is going to allow its users to display profile information on other sites.
It’s step two, along with open social, in pressuring the “walled gardens” of the internet to really let people take command of the social connections they make.
It’s also another step in the “widgetization” of content on the internet, which I think might eventually turn in to a way to actually monetize content on the internet.
[ Update: looks like Facebook is joining the "widgetization of content" and data portability bandwagon and allowing third party sites to mesh with facebook features. It's called Facebook Connect. ]
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