All good things come to an end. Last spring rumors cropped up about Spotify beginning to limit downloads for free-account users. Not good.

Supposedly Spotify will/has limit/limited users to 10 hours of listening a month and 5 listens total per song. I haven’t noticed any changes to my free Spotify account, but even if there are changes I have another option.

Surprise, surprise, that option is Myspace.

The site formerly known as MySpace (capital “S”) or “the totes bossest thing ever,” later known as “the one for teens” and “the one Facebook killed,” may be ready for a comeback.

According to CNN, an investor group including Justin Timberlake bought the company last June for a song at $35 million (a song compared to the $580 million Rupert Murdoch’s News Corp. bought if for in 2005).

Timberlake and friends are transforming the site from a social media site to a music-sharing site—a “social entertainment” site. According to CNN, the new Myspace has over 42 million songs, which is almost three times Spotify’s 15 million.

More than that, the songs are free. Also, users can find songs from unsigned artists. And users can take advantage of “personalized radio modes, a recommendation engine and easy integration with Facebook,” reports CNN.

“Myspace is building meaningful social entertainment experience around content, where consumers can share and discover the music they love,” Myspace CEO Tim Vanderhook told CNN. “Consumers are getting excited about Myspace again — a testament to a great music product.”

(Is it again? It doesn’t matter.)

Actually, that’s a bland quote for what is a complete transformation. A transformation that appears to be working. Myspace claims it added a million new users over the last month.

It’s funny. MySpace (capital “S”) comes along, Facebook pushes it out of the way. Spotify comes along…Myspace (little “s”) pushes it out of the way?