A feature of Pocket Player that I have used frequently is its ability to find and listen to audio streams over a data connection. Note that to do this well, you need an EVDO or 3G connection, or of course WiFi. I have not had good results using EDGE with it. To listen to a streamed radio channel, first pick Shoutcast Radio Genres.
This will present you with a long list of genres to pick from. Scroll through this list using the 5-way switch, jogdial, or gestures to find the genre that you'd like to pick from.
Most of the genres have many, many channels to pick from and its difficult to know what each channel will provide for you. What I did was pick some channels from the list that I liked while in my office. I would look at the entry in Pocket Player, then go onto the web with my desktop computer and look at their programming. Once I found a station that I thought I'd like, I loaded it from Pocket Player and listened. Assuming the quality was good and it was the programming I expected, I went back and added the station to my Favorites list making it easier to quickly get back to stations you frequently listen to. Note that if you listen to streaming music over a Bluetooth headset, it will put a pretty heavily load on your battery.
Pocket Player 3.5 can now browse popular MP3 Blogs, such as Stereogum and Said The Gramophone. Featured in the Web Guide, MP3 blogs link to new and upcoming artists, and are a great resource for discovering new music. There is also the option to listen to podcasts from directories as well.
This works similarly to the other options where you are presented with a list of Podcasts available.