I haven't played with this myself, but what I have been told is that if you have a WunderCounter Tracker in your Myspace headline, it will work when your profile is set to public. However, if you set your profile to private, Myspace will expose the WunderCounter code in the headline. This has the affect that:
- Page hits will not be tracked
- It looks really messy
If, at some point in the future, this changes, please do let me know so that I can update this post.