Classmates.com Circulates Yet Another New Banner, Creeps Sluggishly Toward IPO

We'd have thought there were only a handful of ways you could manipulate a high school yearbook photo (color? grayscale? mustache?), but Classmates.com is remarkably good at coming up with new ones.

First it tickled our love of schoolyard gossip by replacing its bespectacled standby with a Farrah look-alike, then it gave us a puzzle to play with, and now you can mess around with the actual features of the photos.

Word on the street is Classmates.com is headed toward an IPO soon. What took so long? At this point the company's business model is about as vintage as its ads. Doesn't Facebook fully satisfy our compulsive need to gawk at, and shit-talk about, our former peers?