Radio Tray is an online radio streaming player that runs on a Linux system tray. Its goal is to have the minimum interface possible, making it very straightforward to use.
Radio Tray is not a full featured music player, there are plenty of excellent music players already. However, there was a need for a simple application with minimal interface just to listen to online radios. And that’s the sole purpose of Radio Tray.

Site: http://radiotray.sourceforge.net/

Features

• plays most media formats (based on gstreamer libraries)
• bookmarks support
• easy to use
• supports Shoutcast/Icecast playlist file formats

To install it in Foresight Linux, open terminal and write:

sudo conary update radiotray=@fl:2-devel

Will be in all repo labels as soon it gets pushed to -qa and stable repo.

What I miss in this application is a way to change the order of the radio channels.  And some small things that i might write to the developer about.