BOSTON -- They've scoured the Web and now the editors at Time Magazine have come out with a list of what they think are the 50 coolest Web sites.

The No. 1 spot belonged to www.youtube.com, where you can share videos with other users and watch some pretty funny ones too.

The popular teen and 20-something social networking site www.myspace.com came in at No. 2.

That's followed by www.digg.com, where you can rate technology.

The fourth coolest site on the web was www.TMZ.com, where you can get your fix of celebrity gossip, pictures and video.