Afraid it is true. Here's from AA's website (copy & pasted directly): And note, both the $15 for the first bag and the $25 for the second bag is EACH WAY. Take two bags now, like the old days and you just added $80 to your ticket. Hmmm....same outfit for both formal nights!
Direct from American Airlines Site:
"Know before you go!
Customers who purchase domestic economy class tickets on or after May 12, 2008 but before June 15, 2008 may check one bag for free and check a second bag for $25 each way. Customers who purchase domestic economy class tickets on or after June 15, 2008 will be charged $15 each way for the first checked bag and $25 each way for the second checked bag. Our carry-on policy of one personal item (such as a purse or laptop bag) plus one bag remains in place."