Starting this week, MySpace will begin to roll out its biggest redesign so far. From home page to the tools used by the users to create their profiles there will be a lot of changes.

As MySpace officials underlined while speaking about the new design, it not only about looks, but also about the features, interactions and many other things.

Does MySpace really need to reinvent itself? It surely does! In the last five years the social networking sites, online places where a user can create a profile and build a personal network that connects him or her to other users, have rocketed from a niche activity into a phenomenon that engages tens of millions of internet users. And MySpace has evolved in the same directions.

Today, the social networking doesn’t mean only exchanging information and leaving comments on your friends’ pages. It means sharing the same tastes in music or movies, meeting new people, in brief, new ways to interact with society (even a virtual one).

MySpace itself has many other things to offer besides its start-up concept. In the past years we have seen a lot of developments from MySpace News to MySpace Music or MySpaceIM with Skype (just to quote some of the recent features).

For many people (according to comScore, MySpace has around 118 million users monthly), a good part of the web means mainly MySpace. So that’s way, MySpace will have to add new features and new sections to keep its users coming.

And there are also its competitors. Lately, with the boom of social networking sites, there are many sites that are trying to mimic MySpace’s success.

So in order to stay ahead of its competition, MySpace has to offer something different and it has made many efforts to meet the expectations of its users.

Due to the over-competing nature of Internet, today the social networking is not what it used to be. So that’s another reason for MySpace to change its design, and even, maybe to evolve into something bigger, better and, why not, different.

Let’s wish them Good Luck and let’s hope that the new design will bring everything they hoped for.