Kudos should go to Seifer. I just clarified his modification.

@Maynard6994:
I'm a little confused by your question. With Greasemonkey, you install a script, and then edit the source code (i.e., the lines).

The way to do this is:
1. Install the script.
2. Go Tools > Greasemonkey > Manage User Scripts.
3. In the left column, highlight the script you're after (in this case, "MySpace - Home Auto-Update"), and click the Edit button beneath this column.
4. Make the aforementioned changes to the script (the document that has opened should be titled "myspacehomeautoupdate.js).
5. Save the document.
6. Refresh/go to the page the script has an effect on (your MySpace home page) to see if your changes have taken place.

Apologies if I've mistaken your question for something else.

Argh. Screwed it up.

Change line 344 from:
if ($('updates') && (a=/<div id="updates"[^>]*>(.+?\&nbsp\;<\/div><\/div><\/div>)/.exec(html)) )

To:
if ($('updates') && (a=/<div id="updates"[^>]*>(.+?\&nbsp\;<\/div><\/div><\/div>)/.exec(html)) && (a[1].indexOf('New') > -1) )

This works perfectly for me, with notifications AND no double control panel.

Seifer's fix works if you do it correctly.
I'll take my shot at posting it without error.

Line 344

Original:
if ($('updates') && (a=/<div id="updates"[^>]*>(.+?\&nbsp\;<\/div><\/div><\/div>)/.exec(html)))

Modified:
if ($('updates') && (a=/<div id="updates"[^>]*>(.+?\&nbsp\;<\/div><\/div><\/div>)/.exec(html)) && (a[1].indexOf('New') > -1)

...HALP!!

In the friend space, my online friends appear with their name to the left of their default picture, not above it. Top friends, on the other hand, display correctly.

Example:
http://img171.imageshack.us/img171/4865/halpsb1...

Cheers.

Ahahah, hilarious.

I'm having the same issues as Praveen. The links don't show anything. I'm also using FF3, but the beta 4.

A script that did the same as this with the View Bulletins page would be incredibly useful. And that's an understatement.

Thank you very much.
This script is now perfect. =P

Could you possibly add variable choice for those who want the custom layout style on a page to be enabled by default rather than disabled, but still with the button in the corner?