It would seem as though this could be about to happen, if various news reports as such are proven to be true. Things are slightly cagey at this point in time but several experts in the industry have revealed that a Facebook Connect button will soon be seen on MySpace.
It is understandable that MySpace has not confirmed this as yet, but it looks as though it will definitely be happening. Many see it as a big nod towards the power of Facebook in winning the war between the two sites. MySpace has had some troublesome months recently, and there is no doubt that it has been severely overshadowed by Facebook for some time now.
Reports from earlier in November have revealed that MySpace has made significant losses. The owners of the site have also admitted it has become a problem. Judging by their comments it has become clear that big improvements need to be made; if this does not happen we might see the demise of the site in time.
So perhaps the Facebook login for MySpace will actually be a good thing. It will make it easier for Facebook users to enter the site and perhaps it could lead to an increase in traffic. Of course, MySpace has to provide a good user experience for people once they arrive, and this is where the plan could fall down. It will be interesting to see what happens next.