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1. facespace
noun; verb; the combination of the two most popular networking sites frequently visited by today's most self-absorbed-nothing-better-to-do teenagers and adults attempting to hold on to their youth.

I'm so bored, wanna go on facespace?
Leave me alone I'm facespacing.
etc.
2. facespace
v. The act of combining a Facebook and Myspace search to gain information about a person.
person 1: Damn, who is that girl?

person 2: She said her name was Jenny, I'm going to facespace her when i get home.
3. facespace
A misunderstanding/mispronunciation of either Facebook or Myspace websites, usually used by an individual without networking website knowledge, such as a parent, grandparent, or older individual.
You:"Grandma, I wanna use the internet again!"
Grandma: "You're always on that facespace all day!"
4. Facespace
The generalization of Facebook, Myspace, or other Social Networking website.
"Hey girl, what you up?"
"Oh, just lookin at the facespace for hot guys."
5. facespace
1. mocking reference to the two popular social networking sites (Facebook & Myspace)
2. double entendre with meaning-1, but also meaning vagina
1. Wanna go chat on facespace?
2. Dude, the only facespace for me is your girlfriend's cunt!
6. FaceSpace
A portmanteau and description of the experiences of being a facebook and myspace user. You just can't seem to keep up with everything.
"Do you have FaceSpace?"
7. Facespace
A combination of Facebook and Myspace. When the person is simultaneously on both sites.
Person 1: What you up to?
Person 2: Oh just on Facespace
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