Brad Howarth's ZDNet Australia article, Social networking tools face uncertain future, completely misses the mark. It would be one thing if it were just another rant about the supposed lack of a business model for social networking sites, but this one is so chock full of inaccuracies as to be worthy of comment:
Online Business Networks: ZDNet social networking article misses the mark (and the facts)
I rant about the lack of business models, but the ZDNet article does have a bunch of errors -- follow the link to read the inaccuracy/correction list at Online Business Networks. It also serves as a good summary of some of the major points about social networking.
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