Myspace – Meaning of Two Circles

It is a quick process.

1. Log in to your myspace.com account
2. Click My Account next to sign out
3. Click on the Account tab
4. Click Cancel Account
5. Give them a reason and confirm

Apparently, other people, annoyed by the same thing, have created a third-party solution:

http://makedatamakesense.com/myspace/event/

And, then you have to give the non-event URL: http://www.myspace.com/5570864

I am not sure how often they re-crawl and update. If anyone knows of a more official solution feel free to answer. I know they have a hidden official RSS feed for users.