AOL has teamed with Fusion Entertainment to launch Lat34.com, a new joint venture targeting enthusiasts of "action sports," such as skateboarding, snowboarding, surfing, BMX and freestyle motocross (FMX).

Lat34.com is named for the geographic location of Los Angeles. It will offer both programmed and user-generated content. Much of the programmed content will come from Fusion Entertainment, a video production company specializing in providing action sports content to cable TV networks.

Users will be encouraged to upload their own content, including a daily "Trick of the Day" section where users will vote on the best video clip, and submitters will be entered to win a weekly prize.

Lat34 will also integrate AOL's social networking tools, including AIM and AIMPages, to connect fans of specific action sports.

If you try out Lat34, leave us a comment here about how well (or poorly) they deliver.