Jason Calacanis, Weblogs Inc. warlord, is poised to take over Netscape.com (it still exists! crazy, I know) at AOL, according to a reliable source. It's crazy enough to be true — we'll see tomorrow morning.

Two meetings are reportedly scheduled on Wednesday at AOL — "which must mean the first group is canned and the second isn't," says the source.

If the rumors are true, is Jason one step closer to AOL's CEO throne, or is someone throwing him a bone?