That's 'cause the Toolkit wasn't created by MySpace -- Joseph (not Joseph Estrada, the MySpace guy behind the Flex/AS3 Library) created it in the early days of the platform. He has since disappeared, and the ToolKit hasn't really gotten much attention.
To answer Edward's question: yes, last week the RESTful servers were segregated for security reasons. Here's the blog about it:
http://developer.myspace.com/Community/blogs/devteam/archive/2008/04/03/important-rest-api-code-update.aspx
I'd have to go through the original Toolkit code to confirm (the copy I have has been through the ringer), but I suspect that it's making requests to 'api.msappspace.com', not 'api.myspace.com'.