According to a WSJ article back in January of this year, Myspace still generates 50 million visits per month. I'm not sure if that number still applies, but it was relatively recent so the number probably isn't too far off. I don't think it's impossible that that number's even risen. Smart advertisers are still invested in Myspace because it generates so many video views, prime real estate for ads. So yeah, Myspace is still a reasonably valuable source of traffic.