As they say themselves, "Social Networking for grownups, create yours at moli.com".
I don't know how much of this networking malarkey I can take, This is a kind of last.fm type thing mixed in with general pop culture, news etc, oh and of course the all important networking bit. I initially thought it was pronounced Molly, as in Check out my Molly, but the take a tour video on the homepage pronounces it Mole - y. OOOO Kay.
It does seem to have some nice touches, like a calendar, you can set up your Moli the way you can tailorise your google homepage, if you have one, and you can create a moli for your Business, which I suppose is a little grown up to.
Browsing around the site I came across this article, which led me to this video, so I guess it's as good for time wasting as anywhere else.