Researching Social Networking for Small and Medium Businesses?

Question From User - Answers in Comments.

I'm looking for some opinions regarding the benefits of small business owners using Social Networking as a means of creating a more effective web presence.

I guess what I'm looking for is.. How can a small business benefit from creating a MySpace, Twitter, Facebook, etc.

If you know of any good articles related to the subject it would be a great help! Otherwise your opinions are appreciated too 🙂

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