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Update (Aug 29th): It's now live here.
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SpaceLift is an upcoming Facebook application that will let you import pieces of your MySpace profile into your Facebook account. The application is not yet launched, but is scheduled to be ready some time today.
What SpaceLift does is take parts of your MySpace profile and incorporates it into the structural design of Facebook. Images are taken from your MySpace account and placed on your Facebook wall, within the regulated parameters of Facebook profiles. Personal information is included too, such as your favorite music, books, etc.
You can also display your top friends on your Facebook profile, which will link to their MySpace profile within Facebook, through the SpaceLift app. Unlike most other MySpace import Facebook apps, SpaceLift will conform the incoming content to better fit with Facebook's outline, making it look as though the profile you're viewing is native to Facebook. As these imported profiles are only able to be browsed in this manner using the SpaceLift application, you'll still be able to tell that you're not looking at an actual Facebook profile.
See the before and after images of Rupert Murdoch's profile once SpaceLift got a hold of it.
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