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Well done - this is exactly the right approach.
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Second Life

Second life is one of the most popular, fastest growing inline social network. It is where a person creates an avatar online and can socialise and interact together. the market is worth well over $3M a year and some of the main companies investing in advertising space in the online world. Sony, Calvin Klein and reebok are just a few of these companies involved in second life, just to give you an idea into the sheer size of the global village. The money used in the world are Linden $. This is named after the street which "Linden Labs", the founder of second life. 500 linden dollars is the equivilant to 1 real dollar, all exchanged through a ATM based program called Lindex. some people even make a living through second life, for example Anshechung, one of the most successful second life entrepreneurs made over $1M in property development on the social network. The increase of revenue and people subscribing must be around 15% to 20% per month. And these virtual worlds are not cheap to create, just to give you an idea, around $50m. Even companies are orientated around second life, dealing with clients, making business transactions, all on second life. These are a few useful websites with links to appropriate information. These graphs show the Linden Dollar vs US Dollar 268.1 L$/USD as of 6:00am PST (above) and US Dollars spent in Second Life over last 24 hours $1,322,701 as of 5:59am PST

What "Second life" is


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WEB 2.0

Web 2.0 is the definition of a web based network for example the whole if the internet. THIS is the definition from wikipedia. The interactivity, and customisation of many web pages is available in web 2.0; a major advantage. in other words, social networking is one of the major advantages, but also could be a disadvantage. Web 2.0 is not new software but the way in which we use the internet has changed; the most obvious way is social networking via global villages etc... and other means for example: 'Bebo' and 'Facebook'. Web 2.0 is a new way of interastion in referance to the changing world wide web. By uploading and Downloading information such as music and video, the internet has become more personal and interactive. Websites like youtube offer the user to upload videos for the whole world to see. This is a very creative way of using the internet but a lot of stipulation has arosen aroudn the idea of copyright infringement. There are a number of disadvantages of using Web 2.0 as many people could be hiding their real identity via an attractive avatar, in wesites such as second life. Some can use it as a illegal ring of crime, all online via chatrooms etc... Pushing all the negatives aside Web 2.0 is a way of enhancing social life through the means of the internet. The biggest inivitive steps taken i think is the use of RSS and XML feeds, which enables the user to subscribe to a a service which supplies them with information which is ready changing, for example different news stories every day, or what your "ebay" buying status is. This video more or less simplifies what Web 2.0 is and the advantages and disadvantages of it.This is a short video of what Web 2.0 is and what it is all about

What is Web 2.0????