Friendster Mostly teens and fakes?

Danah Boyd’s Many 2 Many post on Friendster today says that the service seems to be full of underage teens saying they’re 69(!)
Dana says that not only are the kids fakesters, but that they’re affiliated with fake high schools (so they can join as a group).
Good news here: There is life for teen networks beyond IRC and AIM–social networking is actually a great fit for teens on so many level (and what fueled tripod back in the day, early on).
Dubious news: Will Friendster last? Not if under 18s with fake names are the the core audience.