15 minutes ago Myspace pulled the wraps off of their developer platform website. Apparently they eschewed the conventions previously set forth by Bebo and Facebook and are letting everyone in. Its a free for all folks!

Basics:

• Built on a combination of opensocial and myspace “Action Scripts”
• Myspace is hosting the apps (for now)
• You can run advertising on your canvas pages
• You have to apply for developer credentials
• You also have to submit your app for approval.
• Uses a REST API

So happy hacking folks. We’ll post more later as we get to play around with it. But this could be an exciting new platform to develop on.