After recently announcing the death of it’s social news outlet, Netscape has announced today that they will be migrating it’s http://netscape.aol.com/ site into it’s new home http://www.propeller.com/. As Tom puts it,

It is important to us that you feel empowered to choose how you want to consume your news and participate in the community. As we mentioned in a recent post, the Netscape.com site will soon be redirected to the new Netscape portal, a more traditional and editorially-driven news experience. It’s already live, so you can check it out now if you haven’t already. You’ll notice some elements of our social news site there in short order, so that it will be easy for you to go back and forth and engage in each if you like.

So Netscape will still maintain a social news experience, except this time, it will be on it’s own domain away from Netscape.com It will be interesting to see if Propeller ends up being any more successful then it’s predecessor.