Live365 is free. There is a member side, sure, but most (80%) of the stations are 100% free to listen to, you just have to deal with commercials. But the quality of the stations, the variety of the stations, and the sound quality are SO much better. I’m relativly young for FR (28), but I have a penchant for old-time radio horror and mystery shows. I love them. There are probably over 100 stations that play that format alone.
Most of netradio is free, you can get free players from Winamp and a number of others (I have paid for WINAMP pro but it is my CD Ripper and Burner of choice)
Even iTunes has free Net radio and the iTunes computer player is Free to download.
They have tons of Free Netradio same for Winamp.
Even Yahoo Messenger has free Netradio.