South Kore builds the new myspace?

A new social networking site (originating from South Korea) has launched its Beta in the US. Cyworld will tour the US this month to show how Cyworld appeals to the demographic of people age 18 to 29 to create "min-homes" on the web. More than 90% of this demographic in South Korea have a page on Cyworld. The site has 2 million users in China. Perhaps one of the most clever things about Cyworld is that the site does not try to detract users use from using their "helper" services, Cyworld encourages you to use this service and bring them together on your Cyworld page. This not only brands Cyworld as "friendly" but puts Cyworld in a good light with "helper" web services. Does this mean that social netorking giant myspace will no longer be "myspace" and "yourspace" but will become "nobody'sspace". As always you decide! Choose the service you want.