OpenSocial seeks to do for other social networking sites what the Facebook Platform has done for Facebook: create an ecology of 3rd party applications that tie in to the social network through API's to enable expanded functionality (either useful or playful) beyond the core suite of tools, and at the same time providing a new outlet to embed Google ads. Pretty clever concept to make it a somewhat universal platform, and it will be interesting to see if it has the same impact that Facebook has had on the web development community.
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Big battle brewing in Social Media space
You have a great vision. I do not agree with all you stated, but your thoughts are definitely interesting and worth reading.
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