No; according to NITLC (I'm doing my MCAD with them), this is what's happening:
We are currently experiencing some problems sending email to AOL users, AOL have a policy of unilaterally blocking WITHOUT ANY NOTICE whole ip address blocks that may or may not have been associated with spamming in the past.
There is absolutely no way to know if you are in these blocked ip blocks. We were very surprised that one ip address would be blocked without any notice just because it fell into a block that others might have used for spamming. Moreover the email not delivered is not bounced but simply goes down a black hole with the sender and receiver none the wiser that their mail is being killed.
So there you go. Serves you right for using Always Off Line.