Nuh uh.
I've seen my friends' and cousin's and they look boring.
The only thing I understand is the "Wall Comment" because my cousin went into full detail with it, what it was, and why it was there.
The whole concept seems understandable, for college kids I just don't get why people age 14-16 or less do it. It's for college kids to keep in touch with high school friends, it's not some myspace gone wrong.