Compete has just published some statistics comparing Facebook with MySpace, saying: "Facebook has grown not only in member base, but also in member engagement, while MySpace has fallen dramatically on these same measures."
That's true, of course: the red numbers show MySpace is not doing as well as it was.
However, it's also true that MySpace is still miles ahead in terms of visitors, page views, and average stay. MySpace's lead in terms of "attention" is almost embarrassing: it scores 10.79% against Facebook's 1.67%.
How long that will last is another matter. Social networking sites tend to rise and fall at some speed....