question about myspace?

well i haven't have much exp. with social media and i have some mix feels about it because i dont want to waste time looking at i book, i want social answers from you guys.

So is myspace a profitable route to promote products like affiliate programs?
Or is myspace :spank: down on it? lol
can i use Cloaking links or is it easier to get a domain?

Thanks guys,
Dustin