Meat said on his official page a while ago that he was unhappy with things and was in the process of finding and then bringing on board a new company not just to run and update the site but to provide correct moderation of the forum on there that had decended into chaos with the current moderator ( I wont mention any names ) allowing things to get way out of hand and in general making things look bad. As far as I know things are close now but it has taken a long time to happen.
As far as myspace is concerned there is an official Meat page (
http://www.myspace.com/meatloaf ) that is linked via the .net site but it is not Meat that runs it, There again this may change but the last time I heard anything the myspace site was monitored by his management company on Meat's behalf