Gather 'round children and learn the tale of social networking's descent through the ages and evolutionary line.

First there was Friendster, which begot MySpace, which begot Facebook, which withstood the rise of twitter and Google+.

And, most had forgotten about Myspace, until it dropped the capital S and announced a reboot this week.

Yeah, that's right, like a clingy ex, Myspace (formerly My_______) is back.

A promotional teaser video, which you can check out here, highlights all the new features and feel of the site. Big Instagram-y pictures and a focus on connecting artists and fans seem to be the major changes, but it's tough to really tell in the two-minute video. Of course, the new reboot isn't available to the general public yet and there's no word on when it will be, but you can sign up here to be a possible beta tester.

The savior of Myspace is Justin Timberlake, who chipped in with Specific Media to buy the failing social networking site from News Corp. last year. (Thus explaining why he's featured so heavily in the promo video.) According to reports, Justin will be pressuring his celeb friends to join and set up their own pages.

We can just see it now: JT trying to talk one of his Hollywood friends, probably Mila Kunis, into creating an account by saying something "I brought sexy back, now I'm bringing MySpace back!" or "Did you see 'The Social Network'? I know what I'm doing!"

We're all about it.

Video: Justin Timberlake - 'Sexy Back'