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Marshall Kirkpatrick has pointed out that Wikia has launched the open source version of their SocialProfile toolset. This toolset provides the basic features of a social network profile including “avatars, friending, foeing, user board, board blast and basic profile information.” If you install MediaWiki on your servers, you will immediately have access to the social network features. Alternatively, you could hack up your own social network with the social network database structure and functions provided by MediaWiki.
This is a similar model to Ning who has opened up their code and has made it available for others to use.