MySpace, often considered noisy, brash and childish, is moving their platform into the hands of their users on Thursday (3/13) and developers are scrambling to get their widgets together. This is critical because of a serious first mover advantage that exists. MySpace has a huge daily user base, larger than Facebook, and will make or break widget companies who aren’t ready.

Compete’s metrics are revealing, an audience size roughly 2x larger than Facebook’s is nothing to sneeze at. Watch out Thursday as the gloves come off. What remains to be seen, is the growth rate that is possible with MySpace. Facebook apps had huge viral success due largely in part to very few early limitations on application interactions. That has all changed and apps are finding it harder and harder to grow their userbase. Now apps are limited to organic channels and may find branching into different networks more challenging.
Presumably, MySpace has learned from some of Facebook’s early mistakes. However, existing companies already have access to large networks of users through the Facebook audience with which they can promote their new MySpace applications. Of course it remains to be seen how large the overlap of users is from one network to the next.