Does anyone at @Home have a clue?
Pinging login.oscar.aol.com [127.0.0.1] with 32 bytes of data:

If you're not really familiar with computers... 127.0.0.1 is the loopback address... in other words... 127.0.0.1 is your own computer. Some chucklehead at @Home changed the DNS entry for AIM server to 127.0.0.1... and when I try to connect to AIM, my computer tries to connect to itself. Riiiiiiiiiiiiiiiiiight.

login.oscar.aol.com is really 64.12.161.185, so try sticking that into your AIM and see if you can connect.

Or get this:
Ping request could not find host aol.com. Please check the name and try again.

Haha... aol.com not found? Yeah, the @Home name servers are really on the fritz today... some sites will properly resolve, some won't.