It’s not a Facebook takeover or a complete joining of social network forces.  It’s more or less MySpace realizing that if they want to stay relevant for years to come, they have to start  playing ball with Facebook.  In a way it means that MySpace is basically saying that Facebook in number one.  A sort of unofficial surrender.

Myspace has added the now infamous Facebook Connect button to their site.  It gives users the ability to login with their Facebook account and connect their status updates together, allowing Facebook statuses to show up on MySpace.  All of your Facebook “Likes” will be integrated over to your MySpace page, where you can see all of your updates.

It’s being called Mashup with Facebook, and it’s a way for MySpace to stay relevant and use the popularity of Facebook to keep users onboard.  The non-financial agreement between the two social network giants, has been a year in the making.  MySpace also has plans to integrate “Like” buttons across the site.

This is the second big change from MySpace in as many months.  Just last month they unveiled their revamped site and format.  MySpace is attempting to make the change from social network site, to all around social media site.  They’ve become more entertainment based, drawing from their popular MySpace Music section, they have decided to focus on music, movies, TV, and not so so much with friend based social networking.

It’s is not a bad idea, and MySpace actually did a nice job with Mashup.  Once you grant all the proper Facebook permissions, you end up wiht a nice looking MySpace page with all of the stuff that “you” like.  Check out the Mashup now at MySpace.com.

[via MySpace]