iRadio Lite is a good way to capturing audio from radio stations over the Internet.
Integrated easy search engine allows you to find favourite radio by genre or keyword, to choose
bitrate and other characteristics.

iRadio main features:
Play and record internet radio
Integrated search for radio stations by genre or keyword
Full track information
Separate track recording
Auto track caching
Several player options
Support the most popular radio stream formats
Retransmission of radio programs to many users

Supported streams:
Windows Media
Winamp ShoutCast
Winamp Live 365
QuickTime Darvin