I wrote about Mercora, the P2P radio application, back in September when I got a tour of it during FOO Camp. I was impressed then and remain impressed. They suck in that they don’t support Mac or Linux, but they are good in that they allow real micro-radio stations on the net interationally.
The Wall Street Journal just published an article (subscription only) covering Mercora and other P2P radio offerings. The big news is that some solid agreements have been worked out with the RIAA.
Disclosure: I was introduced to Mercora by James Lussier, who’s Norwest Venture Partners just ponyed up $5 million in new funds and appointed Jim to the Board of Directors of Mercora.