Create a pirate radio station with an iPod

The great folks at Engadget have come up with a How to make your own pirate radio station with an iPod. This is absolute genius stuff. Imagine pulling up to a car at a red light blasting 50 cent. You could switch over to that channel send over the tranquil sounds of ocean waves, Willie Nelson, or whatever you think they might enjoy. Hey, combine with the voice recorder and share your all-knowing, all-seeing thoughts with them!