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MySpace Gets A New Logo. What Do You Think?

image from adweek.blogs.comAs part of its ongoing redesign MySpace last week unveiled a new logo (on right above) that replaces half its name with a... space. “MySpace is a platform for people to be whatever they want, so we’ve decided to give them the space to do it,”  said MySpace VP of User Experience Mike Macadaan explaining the philosophy behind it. What do you think of the new MySpace logo?

Video Of The Logo In Action:

As this video shows, the new MySpace logo does seem to work a bit better in action than it does as a static graphic, but still...

What do you think of the new MySpace logo?