As I discussed recently, I’m concerned about AOL’s reinvention plan.  Seems like I’m not the only one.  CNN is reporting that the company may have some success “as a smaller and less highly visible Web player”:

The new model, he said, is focused on three areas — publishing blogs, news and other online offerings; advertising; and refocusing on communications tools such as e-mail and its AIM instant-messenger service as ways to distribute its original content.

AOL’s split from Time Warner is a long time in the making, and expectations about AOL’s future as an independent tech company should be tempered.

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