Yeah there are tons, the one mekongtours linked to is fine. If you go to Google and type "myspace friend adder" you'll find tons of them, all very useful.
It is against myspace tos to use an automated adding program, however getting your account deleted will depend on several variables..Such as how many friend requests you send out per day, what kind of advertising you do(spam), how many times you're reported as spam, and so on and so forth. Whatever adder program you use, I would only send a limited amount of friend requests the first couple weeks..Like maybe 100-150, and just keep on increasing the count as time goes on. It sends a redflag to myspace when you send out a large amount of friend requests, especially with brand new accounts. I have a couple accounts that are over 20k, and from time to time, myspace will block my account "due to suspicion of using an automated program" as they say...But after re-entering the captcha code they provide, I'm unblocked, and everything is fine and dandy.
keeping under the radar is key look for software that has a pause option and offer account protection check out this myspace adder it will allow to add friends on facebook and twitter soon
Spam never makes you decent, steady income - there ain't any spammers on Techcrunch or BuildInternet on their succesful ways of making money so.. rings a bell for you I hope.
You're better off adding 30 quality friends per day, then 300 spam friends per hour. It's going to be a better ROI long term to build a real relationship with your contacts.
The safest and most updated myspace friend adder i think is universalbot www.universalbot.com and it has more features than any other bot online since it works on all social networking sites