MySpace is still alive and kicking, although a sharp decline in traffic over the past two months is not a good sign.

As MySpace scrambles to reinvent itself, it has finally decided to climb on the Twitter bandwagon by letting its users send updates to Twitter, as well being able to update their MySpace status from Twitter.

The question is should anyone care and, for that matter, will MySpace users care? In the scheme of things, you have to wonder how much Twitter by the MySpace crowd? My take is there’s little overlap, and that MySpace’s embrace of Twitter is more show than anything significant.

When it comes down to it, MySpace has evolved into a place where people find and listen to music. It’s not a Twitter or blogging crowd so no reason that today’s announcement should excited anyone.

For more thoughts, check out TechCrunch.