Crazy you ask this question. I just recently searched some local bands on myspace and actualy found a couple that I realy like (from what I heard on there page). Infact I made plans to go see one of the bands show at the end of the month. I would of never of known of these bands if it where not for myspace. I say it is an excelent opertunity for you to get alot more exposure and get yourself seen. This day in time you would be crazy not to take advantage of this. (not that im calling anyone crazy.....lol) Good luck with it.