FACEBOOK IS NOT ABOUT TO DO AN ABOUT-FACE BUT SOCIAL NETWORKS ARE NETTING TOO

Pheed, CyPop aim for Facebook users, and Myspace comes back. How do you like them apples?

Facebook just topped one billion members, yet more competition is booming and looming.

Justin Timberlake gets ink just for showing up so Myspace considers that a plus.

Pheed and CyPop launched and some solons consider cannibalizing a direct result of the proliferation of sites for soar eyes.

They will give competition for face time, all these new social networks. How much time can you spend? Nielsen says Americans spent more than three times on Facebook in August than the runner-up, Yahoo. A media overload will occur with the overwhelming enticements.

So many sites. Who has the time?