Looking for the Next MySpace? It's Here...

...And it's being be developed by Martha Stewart's Omnimedia Inc., according to Yahoo! News, as a way of targeting that oh-so-trendy demographic of 40-to-50-year-old white women. (You can get info on the whole story here.)

Hmm...something tells me there isn't going to be a version of MysPaCe HoEz on Martha Stewart's site...