I'm not sure about the Samsung UI, but in theory yes. If you are using a custom launcher like ADW or GoLauncher, you just hold down or click Add to Home Screen and then shortcut. I am assuming that AOL meanings either a bookmark (web link) or an app shortcut (app drawer). Either way, you can dig through the settings and do just that.

For GoLauncher
Add App:
Menu > Add To Screen > Application (Check off the apps you want).
Add Bookmark:
Menu > Add To Screen > Shortcut > Bookmark

Hope that helps, and welcome to the forums!

 

Hit the + in the upper right of the home screen. Select "More"and then "bookmark." You'll be prompted to select a browser bookmark.