Good luck to you, BUT, be aware that autoplay is apparently not counting, and embeds are counting badly, so you're going to have to convert traffic to clicks, which means you'll a) need a hell of a lot of traffic, and b) if you're getting them to click on a video you might as well be getting them to click on something worth clicking on, that makes you money.
You can drive a lot of traffic through Myspace, I do regularly, but be aware a lot of Myspace is junk traffic, some of those pages with 9899389948494 friends only get a handful of views a day, as most of their "friends" are just other people who are also trying to get 9899389948494 friends, and couldn't give a stuff about the people they add or are added by, never visiting their profiles.
Do the math, if only 10% of your "friends" visit your page, and only 10% of those click your video, if you had 1,000 "friends", that would convert to 10 views (up or down the %'s to work with your conversion rates), so you'd probably need a popular myspace, with good content, heavy promotion, and... maybe a million friends, to get 10,000 YT views a day.
It seems like a complicated tactic to me, BH'ing Myspace, to BH YouTube.
Personally, If I exploit Myspace I exploit it for profit, not as a back door way to exploit YouTube, to much wasted traffic that way, I'd only be using YT videos there as a supplementary action, a sort of bolt on, where it was all just icing on the cake, not as the primary action.
