Lyric discussion by LNikky 

Cover art for My Best lyrics by Vanessa Carlton

I don't see much sense if it's "My love, our friends". It's been referred to a break up song, and girls rarely won't tell their friends when they break up.

I think it is about a break up. Though they might not have some aspects of a relationship, their friendship is a mirror of what it once was. They might not have intimacy, or they might not let their hearts be as involved, but in the end they still love each other. They are still close friends.