Yeah, but what kind of interaction? Telling people where you're eating dinner, showing pics of your kids swim meet? No one cares except those close to you, and they can communicate with you in a variety of other ways that are more direct and less intrusive than Facebook. I can see it as a way for family and close friends to stay in touch, but that's not a growth strategy.
I don’t disagree with the mundane nature of Facebook. I was just pointing out a major difference with MySpace and Facebook based on current technology. I truly believe long term it will be gone or greatly diminished (8- 10 years).