Well, now you can see for yourself. A Record company CEO and Grammy-nominated producer talks about the value of MySpace as a service to musicians, and why he wishes it would either come back or another site would step up and provide the same level of game. I didn't notice him saying "but you can park your wares on Bandcamp/Soundcloud/Reverb Nation or whatever flavor of the month OMD and it'd be just as good." He even went so far as to imply that they haven't signed anyone in 2012 because of it.
But I guess ppl can send him demos or something, since he implies they are looking for someone to sign, so there's your tip.
That article is all about how Myspace is dead and he wishes another site would start up like Myspace's heyday. If anything, that backs up my claims that the current Myspace is a ghost town. Admittedly, Bandcamp and Soundcloud lack the social networking that is needed. All I said is that if you want people to LISTEN to your music, don't rely on Myspace as you need to have an account and be logged in to listen to more than one full song, and the layout/functionality is a mess.