Greetings,
I have read initial Project Description & interested to discuss further about your project, as MySpace is very old and popular community website having loads of features. So, if you want all the features of MySpace, then I am afraid that US $3,000 is very low budget as compare to working Man-Hours involved but if you have your own custom features list, then please provide me and we will estimate it accordingly.
Our bid is just a placeholder since Freelancer requires to submit the proposal but once you respond us, we can then provide you our precise estimate.
Look forward to hearing from you and talking to you further thru' Freelancer private message board.
Regards,
YK
LEADconcept