if there is a way to send out more than 50 friend requests from an account explain how
You click "Add To Friends" like any other account. After 50 requests you'd have to enter the CAPTCHA code to continue adding, but you can bypass this currently by sending a message to yourself. AdderRobot currently bypasses the CAPTCHA this way, but the software sucks as it cannot chain multiple accounts together.
if you don't believe most people on myspace have been spammed to death then tell us why you think that
Do you see how many people sign up at MySpace every day? These are people who have _never_ used the service and _don't_ know about spam or anything that goes on on with it. Granted, a lot of signups are spammers creating multiple accounts, but a good majority is legit people.
With Google signing a $900 million deal and MySpace continuing to expand into other markets, MySpace isn't going anywhere anytime soon and will continue growing. If you'd like to give up on it and try something else, be my guest - more money and less competition for me.