"Foment" is it a word?

I like to think I have a decent vocabulary, but then I saw the title of or new webspace (hint look at the top of your web browser) and I saw "Fomenting the Video Revolution" and I thought, "Did Steev make that up?" But alas, my vocabulary retention is not what is used to be. (yeah, yeah, you smarties, stop rolling your eyes, we could all stand to learn some new words)

foment \foh-MENT; FOH-ment\, transitive verb:
1. To nurse to life or activity; to incite; to abet; to instigate; -- often in a bad sense.

noun:
1. Fomentation; the act of fomenting.
2. State of excitation.

Just had to share....
Spunky

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