Arrington seems to be unreasonably excited about the gifts. What will he do when the dump truck pulls up with all of the 'recycled' AOL CDs as gifts. :-)
Theoretically they could connect to the Internet by accidentally sticking it in a CD tray, but I suspect TechCrunch already has Internet access.
The emphasis with the red squares is a little much (see this one: http://help.aol.com/Platform/Publishing/images/insert_cd_cd_...)
Followed shortly by evacuating the office for the rest of the day to escape the horrible stench.