I roasted MySpace hard back in the day, but now I kind of miss it. I was all too happy to move over to Facebook and leave MySpace behind.
For me, the exodus from MySpace to Facebook marks the inflection point were smaller internet communities died and were replaced with services from megacorps.
At the time, MySpace was an echo of free homepage sites on providers like AngelFire and Geocities. My friend group had moved over to MySpace from a custom site our friend hosted on a server in his living room. His web site did pretty much everything that MySpace did, MySpace just did it better.
I don't want MySpace back, but I do want some of the cool interactive content back that seems to all but have died out.