By Fleshbot, 12:09 PM on Fri Aug 24 2007, 918 views (Edit, to draft, Slurp)

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Confused about why Playboy is entering the social networking game at such a late date with a site that doesn't even permit nudity? Let a Playboy VP and Valleywag's Owen Thomas explain it all for you. (And then come back and tell us what you learned. We're still having trouble understanding why ourselves.)