read this at
www.mess.be
UPDATE: Overdo just posted more details on the social networking plans. Your circle of friends will be integrated into MSN Spaces, MSN Hotmail and MSN Messenger contact cards, and be manageable through a menu called Contact Control. From Jupiter's Microsoft Monitor: "In someone's My Space, there will appear pictures of the friends, which can include friends of other friends. Friends can be added from people known or associated with friends or from MSN Spaces searches. If friends are on MSN Messenger, a special icon indicates so."
Also according to Overdo, MSN Profiles will replace the MSN Member Directory and turn into a content module you can display on your Space. The personal information and the Display Picture stored in your MSN Profile will be shared across all MSN services, but you can create up to four profiles for different groups of people: there's a general profile, a social profile, a personal profile, and a business profile. Finally, with MSN Live Contacts, you can easily update your contact information in one central place.
thats what i read