Cool. I got my first link, and from no less than Doc Searls . Peter Thomas argues that perhaps AOL could be serve as a bad example to us all. Doc hopes they melt like Greenland. Another possibility may be that AOL drifts rudderless for a bit, soaking in their $22.95 a month per household, and somehow manages to redefine itself. It could happen. Look at IBM. The IBM of the 21st century looks to be in pretty good shape.
But the AOL-TimeWarner things (“you have pixels – we do pixels!”) was a dumb deal from day one, imho.