Or, in English, it's a press release about a press release we'll see in the future.
They did provide some broad details on how they plan on making MySpace safer for kids, though, like having a button you can push if a picture is unsafe or inappropriate (oh wait, don't we already have that?). They'll also announcing that they'll be cooperating with Law Enforcement (oh wait, don't we report on that cooperation every week here at Mashable?)
The most interesting bit that they announced is that they'll all be sitting around and trying to come up with a way to create age verification for kids that's more effective than simply asking the question: "Hey, how old are you?" There were other announcements, but most of them are equally ineffective ideas (like a social network whitelist/blacklist, where parents must submit their children's names and emails to a list before they'll be allowed access).