Hide Last Login On Myspace 2.0 Profiles

Go to Profile > Customize Profile and hover over the Basic Information module and click Settings:

Step 1 :

Step 2:

Simply uncheck anything you would like to hide and Apply Changes.
This will then show your last login, full name, location as private.

To hide the 'Last Login: Private'
Go to Profile > Customize Profile > and insert the following in the CSS section: