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Again, great post. Keep up the good work :-)
Clarence
What's most important to me, and I think you mentioned that under point 10, is, that a social network should give the users the possibility of spreading informations virally.
Facebook offers many API that support viral Marketing. Xing a social network in Europe doesn't and that's why it is not working as well as Facebook in therms of Users etc.
As seen on del.icio.us
SK
But great post otherwise!
keep the good work coming...
Keep it up