Justin Timberlake Myspace Comeback: Pop Star Attempts to Revamp Burnt-out Social Networking Site [VIDEO]

The currently burnt-out social networking site Myspace is ready to take on Facebook with yet another tech-savvy comeback attempt - this time with the support of well-known pop star (and new Myspace co-owner) Justin Timberlake. A recent video released by Myspace features a totally revamped and modernized social networking service - a fresh site which focuses on the most up-to-date content Google+ and Pinterest have to offer with some added Twitter and Facebook-esque extras thrown into the mix.

Looks like 31-year-old Timberlake might have a new chorus line: "I'm bringing Myspace back."

Check out Myspace's newest promotional video, where Justin Timberlake's own "revamped" profile walks viewers through a more sleek and dynamic entertainment-focused social networking site:

Myspace was founded in 2003 and its popularity peaked in 2008 with approximately 76 million users in the U.S. alone. But eventually the social networking site (and its lack of technological advancements) began to bore users, many of whom turned to the likes of the "cooler and hipper" Facebook. Timberlake and Specific Media LLC bought MySpace out from News Corp. in June 2011 for $35 million. And now it looks like the former NSYNC star and his partners are ready to put a new and enhanced version of Myspace (2.0) back on the cyber-world map.

In the 2-minute long promotional video (featuring the tune "Heartbeat" by JJAMZ), the new Myspace layout does indeed look clean and modernized. The site will remain focused on music/entertainment, but now music, videos, photos, and playlists can be shared more easily and conveniently shared by users.

A message posted on the new Myspace site claims:

"We're hard at work building the new Myspace, entirely from scratch. But we're staying true to our roots in one important way - empowering people to express themselves however they want. So whether you're a musician, photographer, filmmaker, designer or just a dedicated fan, we'd love for you to be a part of our brand new community."

So for those of you who switched over from Myspace to Facebook a few years back, thinking about taking the social networking leap once again? What do fans think about the "new" Myspace and all that it promises to offer?