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How do you use social networking sites - or do you?

linkedinSmartmobs brings to light a divide between companies using social networking tools such as LinkedIn, Ryze.com, et al to recruit for professional positions, even executive-level ones — usually in conjunction with the more traditional HR approach of tapping into 'non-virtual' social networks.

But some are questioning the usefulness of these sites in general, saying they make finding contacts more difficult rather than more effective. Count Corante's Stowe Boyd among the latter, having recently started a campaign to unlink himself from the dozens of social services of which he is a member, citing essentially a too-low signal to noise ratio in the contacts he's received through the services.

What's your take on this? Do you participate in social networking as a business tool, or do you find it of little value? Have any of you considered or started to unlink yourselves from these services?

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