Time Warner is smarter than we originally thought.

Time Warner Drops AOL

"The name reminds people of a mistake," said Hal Vogel of Vogel Capital Management.

(Like the sinking feeling you get when you hear "You've Got Mail!")

In a statement, CEO Richard Parsons says the name change should end any confusion among the company's "investors, partners and the public."

(.."And hopefully they can all forgive us.")

If you've never read my "Cancel Your AOL" page, please do! (Recently updated)

AOL's accounting practices are under investigation, their subscriber base is dwindling quickly, and they are (yes,please!) on their way out.

Yay.