Will your boss be happy about that? ;)
Seriously, it's an interesting prospect especially from the technical angle. Since there are no radio stations streaming G.711 you have to look at media transcoding. JMF (http://java.sun.com/products/java-media/jmf/index.jsp) is a framework meant for such purposes, however, I'm unaware on its capabilities on receiving online music. So you might have to end up writing a Shoutcast protocol handler (assuming your radio station is shoutcast), or handlers for other protocols (and possibly codecs.. I don't think JMF does AAC or WMA and certainly nothing DRM protected). An alternative would be to record the radio station to a file, and stream it with some delay but I have no idea how recording software and JMF would handle the fact that one is reading from a file while another is still writing to it.
Either way, I'd be very interested to hear if your progress if you go down that road, or what solution framework you have adapted for your solution if you go ahead with the project.
