I think reverbnation is the way ahead for now. Could be a really good tool for networking and organising gigs/gig swaps if more bands actually bothered to become fans of each other (hint hint) and it's quick and pleasantly laid out for punter type visitors. Just needs bands to get its name out there a bit more so it becomes as ubiquitous as MySpace was back in the days when it was useful.
Fan us. Go on, I dare you.
www.reverbnation.com/mageband
I particularly like the gig listings as well, if the other bands on the bill are on reverbnation as well it all auto links in to their page from the listing as well as the venues reverbnation page. Nice interconnectedness (is that a word?).
EDIT, speaking of interconnectedness, I also like how you can tie in any Facebook/Myspace/Twitter pages for the band as well. So if your Twitter is tied in I believe any status updates you do on reverbnation get tweeted too and if you "fan" and also recommend a band you auto generate a tweet saying "Mage says check out Grifter" and a short clickable link that would (in this example) lead to Grifter's reverbnation page... [Edited by Grym at 16:27 on 25/01/11]