The new look is great and clearly Pete’s looking to provide more bang-for-the-buck to his advertisers, by adding eight 125×125 slots – which is becoming the norm these days. I am however, curious about why he pushed some navigation and contact info to the footer, and left about 150px wide of space in the left sidebar.
Overall, very nice. And, btw, the content is equally impressive. If you want to keep up with the social networking space, add Mashable to your list of feeds.