So the big rumor of the weekend is that Google may soon launch a Facebook competitor called “Google Me.”

It all kicked off after Digg founder Kevin Rose tweeted:

Now everyone is jumping in and speculating just how Google might do battle with Facebook.

As for me? Let me ask you this: What product has Google launched that has seriously competed in the social networking space? Any of these?

This is all the coverage I personally plan to give the story until two things happen:

1. Google actually launches this new service
2. It’s able to gain even a fraction of the market share of Facebook – and Brazil doesn’t count!

Until then, Google will remain a great search engine and a lousy social network.