After his 100-day VisionQuest to figure out what to do at AOL, Tim Armstrong is in a chattier mood.

The former Google (GOOG) advertising exec took over the perpetually troubled Internet icon in the spring and has been on a worldwide tour of its offices, meeting employees and trying to get a lay of the land of where the Time Warner (TWX) unit has been and where it should be going.

So, BoomTown did not waste a New York–where AOL has its HQ, in fact–minute in getting on the horn with Armstrong to finally hear his take.

There’s not a lot of new stuff to reveal, of course, beyond what Armstrong has already said over the last months about AOL’s new direction.

That would be a spinoff in November, a focus on advertising, content, local, communications and starting a venture unit.

Here is the interview, which we did by phone on Friday:

BoomTown: So, what’s your overall assessment of AOL and its prospects after your 100-day look-see?

Armstrong: Well, to start, I feel good about the company and where we are at. What I mean by that is that I feel good about what the company’s opportunities are.

B: What were you most surprised by on the downside and on the upside?

A: I think basically things were about 50 percent more negative and 50 percent more positive than I thought.

On the negative side, it has mostly been a crisis of confidence. I think people at AOL had started to believe the business press that it was just an incremental part of the Internet.

On the plus side, there are very surprising assets, which have been neglected, but are amazing. Such as Winamp, ICQ and the really incredible engineering talent all over the world–in India, Tel Aviv, Dublin.

B: What was the one thing you took away as the most important thing to do first?

A: Well, it is important for everyone to understand that AOL should not be in every business out there. That there are a limited set of things we have to commit to do better than anyone else.

Over the years, for example, there were so many acquisitions. But a lot of them became businesses that we were not fully committed to, and we have to start making clear choices and letting the rest go.

B: Such as?

A: Well, we are going to be focused on scaling content, advertising, email, messaging and local, but making it easier and less complicated.

In the ad business, for example, we have 100 products. I think we can be much more successful with less.

And we have different publishing platforms all over the world, just as the Web has become about having centralized technology. We have been missing the core characteristic of the Internet, which is about one platform.

B: Talk a little about what you are doing in the content space. AOL, via its MediaGlow unit, has been creating a lot of small blogs in a variety of categories, but also has big sites.

A: We are going to do both things. One thing I would say is that we have a content strategy that spans the content we create, the content we are buying and partnering on, and I think we have clear plans in terms of investing in each area.

B: What about communications?

A: I think you are very quickly going to see us cleaning up email products. And in the messaging space, one of the things we will be doing is integrating it more with other AOL properties.

Historically, the management has looked at messaging as how to drive monetization and it has been a bad experience. I think that it more important as a recirculation tool.

B: How realistic were you about AOL when you arrived compared to now?

A: I went into this job with my eyes wide open and I am not saying now that I have answers to every problem.

But I have been trying to do what it takes to solve the big ones, such as recruiting and building a team. I have also spent a lot of time finding talent in the company already here.

And, I have worked with people outside the company. I consider my job being whatever it takes and educate myself.

B: So what’s next, besides the already announced spinoff? Is AOL still an acquisition target?

A: I look at it in two different ways.

We need to stay very laser-focused on strategy and execution, as well as innovation.

And we have to build this company as a powerful independent one.

AOL has been looked at as a target for a long time, where AOL has been the prey. It might also change in that we can be the hunter too.

B: What about the online advertising and search deal with Google?

A: Well, it ends in December of 2010, as everyone knows.

I have to say that the partnership has been extremely successful on many fronts.

They have been our partners for eight years and there has been a lot of momentum.

But we also have to think about how to continue that for the right outcome for what we need in future, because AOL has changed since the partnership started.

Of course, we will look at other partners, but we also really know we have a great relationship that exists with a partner that is also going to be listening to us about what we need.

Back on April 7, Tim Armstrong sent a memo to the long-battered troops of AOL about a 100-day vision quest the new CEO and chairman was going on to find out “how to bring back the magic of AOL.”

It is now Day 86, and Armstrong is closing in on the end of a Where’s-Waldo commitment that he made then to visit all of the far-flung offices of the Time Warner (TWX) online unit globally.

More importantly, as it is almost over, Armstrong also has to make good on another promise he made in that memo he sent to the staff on his first day:

“The culmination of the 100-day process will end in Dulles with an All-Hands meeting in mid-July. At that meeting, we’ll review the feedback we’ve received–both internal and external. We’ll also discuss our strategic direction for the coming years, and highlight areas that will bring AOL and AOL properties into the next decade of digital leadership. Most importantly, we will set a course and focus all of our resources to make that course a success.”

BoomTown is eager to see what Armstrong has found out on his trip and what path it will ultimately put AOL on.

So far, the broad outlines of his strategy seem to center on expanding AOL’s content assets, strengthening its advertising network and getting out of businesses the company cannot compete well in, such as social networking.

What other pearls of wisdom Armstrong has gleaned are to still to be revealed, presumably.

His corporate version of “The Amazing Race” is certainly a novel idea, born at his first all-hands meeting in Dulles, Va., which used to be the world-wide HQ of AOL and remains its heart.

There, Armstrong (pictured here) joked to the crowd:

“I know that work goes on across the globe and, in the first 90 days, I’m going to try to visit every office we have and sit down and talk to every employee and that will be something that my wife has actually agreed to let me do so.”

Thus, spouse-approved, the former Google (GOOG) exec has circumnavigated the globe and has held meeting with employees in a wide range of places: Dulles; New York; Baltimore; San Francisco; Mountain View, Calif.; Toronto, Lancaster, Pa.; Denver; Hamburg; London; Paris; Bangalore; Dublin and, this week, Tel Aviv.

But it has not been all tourism, in search of innovation.

During this time, Armstrong has also dispatched employees and top execs, such as advertising head Greg Coleman and communications and communities head Joanna Shields, and hired a few key staffers of his own; announced a pending spinoff of the company; and bought some stuff (including a company he funded).

It will be interesting to see what comes next–after the 100-day gathering in Dulles, which should come sometime after Armstrong’s July 15 deadline, of course.

Party on, Tim.

You can see videos of Walt Mossberg and me undertaking that arduous effort (visits to Dublin Castle, fancy hotels in the city of Dublin, a stroll in the streets and a trip to the Wicklow Mountains to see a bit of the lovely Irish countryside.

But we also went to visit the Dublin offices of Google, which has its biggest facility–outside of its Mountain View Googleplex headquarters in California–here in the Docklands section of the city, with 1,300 employees. We got a tour of the facility from John Herlihy, who is director of online sales and operations for Google’s European operations.

The search giant has grown its presence here in Ireland, like a lot of other U.S. Web and tech companies, including Dell, Apple, eBay, Amazon, IBM and many others, because of its educated and multinational population and the country’s digitally friendly government.

Here’s a video of our tour by Herlihy, where we talked about innovation in Europe, explored new Web trends and, of course, encountered those same annoying exercise balls as at Google’s California HQ. While futile, I know, it is my personal goal to eliminate them entirely from the corporate ethos for their sheer irksome “Googley-ness.”

Please see this disclosure related to me and Google.

After visiting Dublin Castle and then perusing fancy hotels in the city of Dublin and then strolling the streets, Walt Mossberg and I head out to the Wicklow Mountains to see a bit of the lovely Irish countryside.

It’s the last stop on venue visits for us, to see a different kind of experience that is out of the city in a more rural setting. So we visited the construction site for a new Ritz-Carlton on the Powerscourt Estate, near the adorable village of Enniskerry, about 40 minutes south of Dublin.

Walt and I are here in Ireland, because our D conference might be going international.

After our success with our annual flagship version, which just took place for the fifth time in late May in Carlsbad, Calif. (D6 is scheduled be held in late May of 2008), we are deciding whether to expand by adding a new conference outside the U.S.

If we do it, we hope to hold the first one next fall and are strongly considering Dublin as the location of the event, which we are calling EuroD. We like Dublin for a lot of reasons, including its fast-growing tech sector.

Here’s the next video:

After visiting Dublin Castle and then the fancy hotels in the city of Dublin, Walt Mossberg and I take to the streets of the city to check out the scene and also sample the local fare.

Walt and I are here in Ireland, because our D conference might be going international.

After our success with our annual flagship version, which just took place for the fifth time in late May in Carlsbad, Calif. (D6 is scheduled be held in late May of 2008), we are deciding whether to expand by adding a new conference outside the U.S.

If we do it, we hope to hold the first one next fall and are strongly considering Dublin as the location of the event, which we are calling EuroD. We like Dublin for a lot of reasons, including its fast-growing tech sector.

Here’s the next video:

So we sucked it up and headed to see the recently renovated and quite historic hotel, the Shelbourne, as well as the Four Seasons, where we are staying. (Our annual flagship D conference has been held for five years at the Four Seasons Aviara in Carlsbad, Calif., and will be again in late May of 2008.)

Both luxury hotels are obviously lovely, and present different experiences–one more urban and the other slightly out of the city center.

Walt and I are here in Ireland, because our D: All Things Digital conference might be going international.

After our success with our annual flagship D, which just took place for the fifth time in late May (D6 is scheduled be held in late May of 2008), we are deciding whether to expand by adding a new conference outside the U.S.

If we do it, we hope to hold the first one next fall and are strongly considering Dublin as the location of the event, which we are calling EuroD. We like Dublin for a lot of reasons, including its fast-growing tech sector.

So, here is our second video of our efforts to decide where to hold EuroD, if we end up doing it.

And, as at Dublin Castle, the venues are much fancier than we are:

Our D: All Things Digital conference might be going international.

We have had a lot of success with our annual flagship D, which just took place for the fifth time in late May in Carlsbad, Calif. (D6 is scheduled to be held in late May of 2008.)

This past year was particularly memorable, especially because of the joint interview Walt and I did with longtime rivals and tech legends, Apple’s Steve Jobs and Bill Gates of Microsoft (pictured here, but you can see the highlights video of the interview here).

Thus, we are on what you might call a fact-finding mission, to see if we should make the leap and expand our successful conference brand by adding a new conference with a focus outside the United States.

So, here’s a longish video, with others to follow, of our quest (along with D staffers Lia Lorenzano and Jill Pendergast) to decide on where we would hold EuroD.

First up, a visit to the historic Dublin Castle (circa 1204), where we might hold part of the event and where we are woefully outclassed by the tony surroundings:

A focus on international digital issues is something we all need to do more of in the tech space, considering most of the growth and perhaps innovation will be coming from all over the world in the years ahead. We hope to bring together both U.S. and international tech figures onstage, and are aiming to have the same multinational audience.

We will not decide on whether to move ahead quite yet. But, if we do, we hope to hold the first one next fall and are strongly considering Dublin as the location of the event, which we are calling EuroD (although we also hope to bring D to other parts of the world if we can someday).

While the Irish Development Agency Ireland (IDA Ireland) has been a sponsor of D for the past two years, we’re more interested in the city for its charm, easy access and, most of all, because of its growing tech sector.

That includes both local companies, as well as a clutch of U.S. ones with major facilities here, such as Intel, Microsoft, HP, Apple, Google, Amazon.com and Palm. They’re attracted by a highly educated population and a government intensely interested in developing its digital industry.

In fact, its Taoiseach–the Irish title for the leader of government–Bertie Ahern has been particularly aggressive in pushing for things like broadband and other moves to improve the country’s prospects.

The booming economy is obvious to anyone, evidenced by a plethora of new businesses, stores and all the construction now taking place around the small but bustling city.

Nonetheless, we press on and serve up some interesting items from around the Web–this time with a Euro-focus.

First observation: If you want to make a friend abroad, carry an iPhone. They are not for sale here yet, as deals between Apple and major European telecoms are still pending.

But Apple is likely to sell the iPhone here later in the year, with one of the major carriers, which include Vodafone, Deutsche Telekom’s T-Mobile, France Telecom’s Orange or ultra-hip Telefónica’s 02.

Until then, with it visible in my hand, I made about 53 new friends at Heathrow Airport where I was changing planes. I also scored free first-class champagne from the stewards on board British Airways for giving them a test run of the device.

Most people treated the phone as if it were Paris Hilton suddenly appearing in their midst, with a lot of pointing and gaping at it, as I watched the first season of NBC’s “Heroes” I had downloaded. (Save the cheerleader, indeed! From her creepy adopted Dad is more like it!)

And I could elicit visible oohs when I kept shifting the screen vertically and horizontally, as if I were performing some sort of “Harry Potter” magic.

Since I am in Ireland, here is a link to an Irish blogging site talking about the iPhone.

And check out the video Comedy Central’s Stephen Colbert did especially for Philippe Dauman’s appearance at D5 this year–his impression of using an iPhone midway through skewers the ridiculous fascination with the iPhone perfectly.

And there’s a race here to figure out which European companies will be the best imitations of hugely popular sites in the U.S., such as Facebook and YouTube. Of course, both those companies are here on their own aggressively and hope to keep their share in Europe as strong.

Next week, I will be visiting the London offices of social-networking site Bebo, which has a strong presence in Britain and was rumored to be entertaining offers from Yahoo.

There are scads of other social networks here that are likely to get bought up by the big ones. And while MySpace is increasing its dominance here too, it is much more of a race than in the U.S.

There are a lot of YouTube wannabes here too, of course, like France’s Dailymotion, which has a lot more esoteric stuff, as well as boatloads more explicit nudity (one of the more popular videos on the site today, for example, is all you want to know about a particular woman’s body part).

Here’s an interesting animated video on Dailymotion from Britain called “Solar,” as an example of the fare:

And, of course, there is a recently launched European Commission channel on YouTube itself, called–of course–EUtube.

It got into a little controversy (and got lots of traffic), when it posted this short video on sex scenes from European films (here’s the link, as it is a bit racy with a very funny tag line at the end).

Of course, because it is Europe, the European Commission spokesman Martin Selmayr brushed off the prudishness: “The European Union is not a Bible belt, we believe in freedom of expression and artistic creativity.”

Most of the channel is more tame, like this depressing video about AIDS, which has been viewed 150,000 times.

Hopefully, I will find a Web connection in my travels there to post really interesting videos I did last week with Business.com’s Jake Winebaum and Polaris VC Mike Hirshland for tomorrow.

May the road rise to meet you!