Rogue Amoeba software has introduced Radioshift 1.0.1, a boon for time-shifting media consumers.

The $32 software lets users access over 50,000 radio stations as listed on the RadioTime Inc.-powered Radio Guide. The great advantage of the software is that it will play (and record for later playback) radio streams distributed in Real Audio, Windows Media, QuickTime, and MP3 formats.

Users can subscribe to thousands of shows which Radioshift will automatically record, these recordings can be played back in the application, or passed across to iTunes for playback, or for popping onto your iPod.

The software is available for PowerPC and Intel-based Macs and requires Mac OS X 10.4 or above.