Myspace.com is down - allegedly for a power outage - but I can promise you that a power outage issue shouldn’t last this long (7 hours and counting) as any developer or company that is worth thier merit backs up databases regularly.

A power outage seems to have hit the data center that hosts MySpace.com, the largest social network in the world. This is the second day in a row we have heard similar reports, though today we have managed to grab a screen shot. Ironically, the www.myspace.com still shows an ad - at least the FIM has its priorities right.

But seriously, it is hard to believe that a service this large could just have one data center. Have they not heard of redundancy? I am pretty sure there is more to the story. One can only imagine how millions of MySpace users feel right now. Mashable has more information on this developing story.

Update: Jake says that MySpace is in the Equinix data center.

Mark Fletcher explains the technical issues involving MySpace and other social networks, and why MySpace could be in one datacenter.

Theories?