Yup, it was true- -release is on the wire now:

 AOL Working with Leading RSS Search Engine to Provide Fully
 Customizable Portal Page with Automatic Updates for RSS News and
 Content Feeds from across the Web
 
Rafer quote: "AOL is one of the first to make RSS easy-to-use for mainstream
Internet users. With My AOL and My Feeds, AOL is continuing its
industry leadership in making new technologies accessible. We're thrilled to be AOL's
partner powering My AOL's Feeds and Search. Together, we will

demonstrate to AOL audiences and the online industry the growing power

of RSS feeds."

(Note: Tony Gentile says this was announced back in the day...stil gets my attention.)