I use the VLC player and it works amazingly. Here is a video so you can do what I do. It is by far the best way to listen to the radio only second to clicking the link on the corner and having it automatically play. Here is how, watch the video.

The BayW radio plays everything -- seriously -- we play everything even tracks from 1920s as well as playing the latest songs from the greatest artists it has something for everyone. Give it a shot.

If you don't fall in love with the radio you have no heart.