The idea is working, we are getting tons of listeners, we are getting blogs to adopt us as their default way of generating audio content, we even got an advertiser. What we cannot get is funding. Investors keep asking us about Internet radio. The future is podcasting.
We calculated this could be profitable, but to get to it we would have to burn around $10k a month on narrations and servers. We are currently running out of our salaries (we spend less than $200/month), so, we can't scale it to profitability.