Ah, Michael Wolff! Always throwing stink bombs and making deliciously wackadoo declarations about the Internet.

In a recent dinner interview the author had with BusinessWeek’s media columnist Jon Fine this week, Wolff slaps around News Corp. social network MySpace, with a series of his trash-buckling phrases, some of which are true and some a bit more of a stretch.

But it’s par for the course for Wolff, as you can see here in an appearance with BoomTown on the “Charlie Rose” show a decade ago.

“It’s craziness, it’s loco, it makes no sense,” said Wolff about the Internet, circa July 27, 1998. And later: “I think the myth of the Internet is that it is going to come into everybody’s home.”

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Oh, there had to be much, much gnashing of teeth in the corporate offices at the Time Warner Center in New York yesterday with news of the sale of DailyCandy to Comcast for $125 million.

Why?

Maybe because that tasty payment is going right into the hands of Bob Pittman’s Pilot Group Ventures, which bought the fashion and shopping newsletter business for $3 million in 2003.

This is certainly different from the situation almost exactly six years ago when Pittman–nicknamed “Pitchman” for his smooth business stylings–was driven out of then-AOL Time Warner on the proverbial rail.

If you want a taste of those once-grim times for Pittman, here is an excerpt from my book, “There Must Be a Pony in Here Somewhere: The AOL Time Warner Debacle and the Quest for a Digital Future.”

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