K.. good to know it's not just me. Did you send your acct rep an email or something?
I've been in contact with the CPM group at MySpace.. my account rep on that side is trying to get me to do a media buy with them but we both agreed right now it doesn't make sense.
Advantages: guaranteed impressions, better targeting, reporting, creative control
Disadvantages: cost ($1-2CPM), minimum budget ($10k)
Although I would like more impressions for a few of my campaigns, and the more granular targeting wouldn't be bad, I just can't justify spending those CPM prices. Perhaps if I had campaigns with crazy-high CTR it'd make sense but right now the self-serve stuff is just so much cheaper.
Anyone else gotten into this?