Good Social Networking
GoJoinGo has been updated for Drupal 4.7 and an install profile created (contact dgeilhufe AT civicspacelabs.org for more info)
Good overview of GJG functionality: http://groups.drupal.org/node/516
Having a bullet proof install profile for GJG for Drupal 4.8 (which includes install profiles) would be a great step forward and I think meet LOTV's goals.
A good addition would be the integration of GoJoinGo with OG2List for the yahoo groups -like functionality of email lists for every group.
GoJoinGo 4.7 is partially intergrated with OG2List already. But needs some work/ polish -David Geilhufe
Great I hope you will be available to help out that group of programmers :-) - Silona
also not to be dense but I didn't see the friending and reputation aspects here?
I don't think reputation is in there- depends how you want to do friends... perhaps User Points module? They buddy list module is already integrated for friends. -David