[ajkates]

Well, as a "college kid" myself, and a heavy facebook user, and a total social software dork, I think I know just about as well as anyone the value of Facebook to college students. I can sum it up in two words: Social Capital.

I'm not saying this "competes" with facebook,per se. Rather, it's just an alternative to the idea of an "open (proprietary) API" that has failed in so many ways (uselessness of applications, nagging app requests, lack of universality for things like classes, etc). I'll be writing a blog post on this very topic soon.

I hope that clears things up a bit.