I am not a marketing expert, therefore please forgive me if Im not 100% percent acuratre in my understanding of this. This is of no use to Search Engine Optimization and search marketing, but for use in getting your product known by your target audience having a funky myspace profile could be useful.
Depending on your product or service, having a myspace profile to advertise your product or
website hosting may be a good way of reaching out to your target audience.
However, this would only be successful if you start one from scratch, once you have made your myspace page you can spend the rest of your life adding to your friends list thousands of people who may be interested in you. When each person logs into their account they will see you in their new frinds list, if you have added the right people then there is a chance they will click on your display picture and read your myspace page (dont forget this could be styled to look like almost anything).
If you add 1000 people then you can be assured that a lot of these will have at least read your name and seen your logo. You can then post bulletins to reach all of your "friends" regarding special offers, events or anything that might be of interest. Although Im not sure if many will bother to read them.
So having said this, buying an account with 30,000 contacts already added would be useless in my opinion. Also, does anyone know if what I have described is in breach of the myspace TOS? This I am unsure of!