Flycast (free) has a lot of streaming sources - more than a thousand - today, not many of them are radio stations, but I got a press release from them last week announcing an initiative that targets radio stations.
Meanwhile, Nobex Radio Companion - Helps You Keep Your Music Collection Fresh!
(also free) streams 100+ radio stations and gives you what's-playing info on 2700+ with the ability to click on a song to get iTunes & Amazon links for it sent to you via e-mail.
But the best solution for a local FM station is to create a homebrew BlackBerry add-on. All you'll need is a pocket transistor radio & a few rubber bands.