@pathik - Not to say Late enlightment. He may be knew to this online world & so it isn't his fault, right?
I too agree social networking is waste of not only time but also bandwith. I have account on Orkut, but just have some limited friends whom I see everyday, so no need to talk via scrap. I like to participate in the Orkut forums though, not the crap name the person above you or so, I mean some active good forums like Linux, Nokia 5700 etc etc...
But still there are only a few members who actively participate there.