Fox News has decided to join a Social Network and its not the one Fox owns, myspace, but Facebook.

Fox will roll out a redesigned Facebook page using seemingly every feature that the site offers: discussion boards, a wall for users’ comments, reviews, polls and photo submissions.

Most important, the network has designed a video player built for social networking: users can watch Fox videos, create customized playlists, post individual videos on their profiles, and share the clips with friends in the Facebook environment.

In explaining its decision to go with Facebook rather than MySpace.com, Joel Cheatwood, the senior vice president for development at Fox News, said “Facebook is currently the leading social network” worldwide, they also have a user that’s a little older and a little more sophisticated.