Lost amidst the hullabaloo over Fox's $350 million new LA headquarters for MySpace and its other Web properties: Just how bad the parking is at MySpace's current office. A former employees tells me that finding a spot in the morning regularly took an hour of circling. In announcing the new office, Fox Interactive CEO Peter Levinsohn reminded employees he had "communicated with you about our space and parking challenges." Anyone have that memo? I'd love to read it. In the meantime, consider this: MySpace won't completely move into the new facility until 2010, meaning its engineers will continue to spend countless hours circling parking lots instead of coding for the next two years. Plenty of time for Facebook to widen its technical lead over Rupert Murdoch's aging social network.

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