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By comparison, I've never found *anything* remotely useful on Myspace.
What's kind of sad though about the situation is that there really is a lot of information that devoted and passionate people put on GeoCities pages that'll be lost now. In most of the comments and threads about this I find people like Bruno who refer to reference pages that just have never made the leap to another webhost -- probably because the vast majority today are blog-centric which isn't usually the best format for that kind of site.
I can only concur with the Weebly & Yola execs about the advantages of the freemium model, charging for additional services and domain names. That's what Jimdo's been doing since we launched two years ago.
For the few GeoCities users who may happen across this post, Jimdo's working on a rescue mission to help you migrate your sites and a 10% discount if you decide to buy our Pro package. Details here: http://jimdo.com/geocities