Well, Orkut seems to be catching on, and I'm starting to get interested in it. I haven't really looked too much into it, but it seems like a start towards a more networked, social web. You have to be invited to join by someone who is already in it, which is an interesting concept. Since people like Scoble are in it, you can be sure that the number of members is skyrocketing. I'm waiting for an invite from someone, so I can see just what it is about.
It reminds me a bit of one of the older ones that played off of the whole six degrees of separation concept. I seem to recall it being called sixdegrees.com, or something. Basically, you entered all your friends in there, and they were supposed to join. Then, they would enter all their friends, who would join, then enter all their friends, who would join, etc. and on to everyone in the world. You would log on to the system, and it would report for you who all was online at the same time from your group of friends, or from your extended group of contacts. I actually met a couple people who happened to be two or three levels from me. I kept in touch with them for a while, but eventually lost touch with them.