Nostalgia drapes around the 21st century like a plague; bands are reforming left, right and centre, Hollywood is throwing out sequels and remakes faster than it can make them but is the increasing acceleration of our thirst for the old stuff really going so quickly that we might all return en masse to former social networking giant Myspace? If Justin Timberlake has anything to do with it then it seems like we really might.

The new Myspace was unveiled yesterday (September 24th) and instantly had the internet alerted to its new slick and apparently easy to browse interface. Amidst the numerous quips from people trying to remember their old passwords, Timberlake - one of three investors in the site - spoke to the Hollywood Reporter and sounded bullish about what he wanted to achieve with his money. With Myspace primarily being operated as a tool for creative artists to share their work (something it was to great effect first time round), Timberlake commented "It's just bringing the connection that much closer while still making the artist feel comfortable that they can make their art, lock themselves in a room and torture themselves as they do, and still find a way to comfortably connect with their fan base."

Timberlake and the other investors, Chad Vanderhook and Tim Vanderhook, will be looking for musicians of all levels to help test the site, with Timberlake joking "I know a few people". It's still a long shot, but with artists getting vocally weary of Facebook's constant chopping and changing to their services, there is definitely still room for a creative-focused social network. Check out the new preview of Myspace below.

The new Myspace from Myspace on Vimeo.