As noted by Justin Hileman, Myspace has changed their outbound linking structure so that all outbound links go to msplinks.com and are redirected (with a 302) to the outside link. So what?

Well, for most everyone on the planet, this doesn't mean a thing. Please continue your daily lives and forget I said anything.

For those in the know, this new change means any SEO benefit from outbound links from the myspace domain is gone. Myspace will increase it's value by having no outbound links, and tons of inbound links.

Tom claims this change is to stop spammers. It allows them to easily blacklist domains that are causing problems. I'm sure it has nothing to do with other things that might benefit him.

The change is not retroactive - meaning that if you already have outbound links they will stay the way they are until you edit whatever piece of your page they are on. So as time goes on, it's possible that those links could become valuable. Of course, your stuck with the anchor text that was there before, but you could conceivably 301 redirect the link to wherever you want it to go. Probably not even worth the trouble, but if Myspace eventually only has a few real outbound links, it would be nice to be one of them.