AOL's e-mail client often wraps the activation link to two lines, but only the first line is a hyperlink and usually not the complete hyperlink. When this happens they need to cut and paste the complete address into their web browser.
I don't think you are understanding the issue. It is not the confirmation e-mail they receive to activate the account. I have it set to Admin activation.
This is when they click on 'I Agree' and are taken to the registration screen, where you put in the userid, password and e-mail address. They cannot see the grayed out code that is generated to stop automated robot account creation.