Joho once again comments, the Net is a place. Not just a medium, or a space, but a place:
It is a weird place in which proximity is determined by interest, rather than a space in which interests are kept apart by distances. It is a place in which nearness defeats distance. It is a place, not just a space, because spaces are empty but places are saturated with meaning: Place is space that has been made to matter to us. The Internet is a place.