Yahoo 360–Perfect for flickr?

Yahoo’s announced their blogging/social network/photo sharing tool, which is invite-only right now.
In some ways, it sounds similar to AOL Journals, in that it’s meant to pull personal data and shared links/info into one easy to manage–and share–resource; on the other hand, it sounds like it should be much better (after all, Yahoo has long experience in building friendly a la carte web apps).
Kottke had the best comment: “Looks like Yahoo! has created its own version of Livejournal (blogs + social networking).. .Flickr will fit into this nicely. ;).”