“At the Wall Street Journal’s D Conference, Steve Jobs tonight showed ipodder-like features in the next release of iTunes, supposedly available within about 60 days. I was glad to see this, since the ‘architecture of participation’ has been the only one of the big Web 2.0 themes that Apple had seemed to be missing. He was slightly dismissive of populist podcasting, describing it as ‘Wayne’s World for radio,’ and celebrating the arrival of professional radio stations into the market, but nonetheless, he was very high on the podcasting phenomenon, and the excitement that millions of users have displayed about it. In the Q&A, Jason Calcanis of Weblogs, Inc. asked if there was any possibility of using the iTunes music store for paid podcasting. Jobs replied that for the moment they were only considering it as free content, but that he was open to looking into it,” O’Reilly Radar reports.

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“During his chat, Jobs demonstrated iTunes 4.9, a forthcoming version of Apple’s digital music jukebox software. Calling it the ‘Tivo for Radio for iPod,’ he said the new version would incorporate Podcast support — allowing users to download and subscribe to pre-recorded audio content,” Kasper Jade reports for AppleInsider. “Jobs said the software is slated for released within the next 60 days and that all Podcast feeds and subscriptions will be free. Apple is currently adding functionality to display relevant album art during the Podcats, he said, which will provide listeners with purchase links to the iTunes Music Store. Apple will also release a tool that will allow any Podcast creator to easily upload their content to the company’s music store.”

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MacDailyNews Take: Imagine iTunes’ current “Radio” feature, but for podcasts (categorized and searchable) and allowing for downloads/easy transfer to your iPod and you get the idea.