The launch of the new MySpace begins today; it marks not only the release of a completely overhauled design, but the start of fundamental shift in focus for what was once the world’s preeminent social network.

MySpace will roll out a completely revamped interface to its users starting today, but the rollout won’t be complete until the end of November. That’s because so much has changed that we can’t possibly cover every aspect of the new website and mobile experience in a single article. Everything from the homepage to profiles to the new Topic Pages focus on transforming MySpace from a social network into a “social entertainment destination.”

The site is now focused exclusively on the 13 to 35-year-old demographic — Generation Y, in other words. Its new goal is to become “the leading entertainment destination that is socially powered by the passions of fans and curators.” This is in contrast to its old goal of being “a place for friends.” It reduces the amount of design bloat from 152 templates and 81 button styles to just seven templates and two buttons. And that’s only scratching the surface of the changes to the website, not to mention the new mobile experience that will launch next month.

The following is a collection of videos and screenshots that should give you a basic idea of the look and feel of MySpace’s new interface.

What do you think of the new interface? Does the company have the right idea with its new focus and mission? Is MySpace’s new focus on social entertainment the right move? Will the website’s users revolt? Check out the media below, then let us know your thoughts

All you would-be porn entrepreneurs can put away your pocketbooks — the pricey and nefarious domain name, Sex.com, is reportedly slated to be sold for $13 million.

Just over six months ago, Sex.com made headlines when People for the Ethical Treatment of Animals (PETA) published a letter requesting that the now-bankrupt Escom, LLC (the current and soon-to-be-previous) owner donate the domain (then valued at $18 million) so the organization could use it as a tool in its recent “vegetarians are sexy” ad campaign. Obviously, Escom did not give up the goods that easily.

Now The Register is reporting that a company called Clover Holdings Ltd. has sealed the deal, beating out 12 bidders with the “highest and best offer.”

Back in 2006, Escom bought Sex.com for between $12 million and $14 million, making it one of the priciest domains ever. Looks like the value hasn’t really gone up that much in the last four years, though.

We’ll have to wait and see what Clover chooses to do with the domain — aside from the obvious.