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decentralized social networking websites

Obviously there is a lot of social networking websites out there.. it is all very walled garden like .  though facebook has started to open things up a bit.  i have been thinking there has to be a better way of sharing all “friend” information between them in a decentralized way. i am not sure of the total concept yet .. but something a long the lines of FOAF file formating. I  might need to ruminate it a little more though.