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One thing I can say, IT IS NOT FREE!!

Source and credit to:
iPhoneFreakz

Dub Studios is another developer who’s application TouchCast got refused in the App Store. So what do developers do when their applications got refused in the App Store? They release them in Cydia. TouchCast is a application that will let you stream audio and video podcast straight from your iPhone.

So how does it work?

1) Fire up Cydia and search for TouchCast and install it.



2) Start the application.



3) Upon launch the application will inform you that you have 5 tries before the trial ends. Click on Keep Trying and you can start with the app.



4) In the application you can add podcast by pressing the edit button and then the + sign. In this screen you can enter add a feed. Enter a name + the iTunes xml feed address and press the add the feed button.



5) Once you have added the podcast you will have a new entry. Click on the entrie to see the list and start streaming the cast you would like to listen to.



6) If you decide to buy the app after 5 times it will cost you 3$ via PayPal. The process to pay this is rather simple. After you have started the application 5 times it will automatically ask you to register by showing a big buy now button. If you press it it will show you a activation code, write it down and press the buy now button. After that it will bring you to paypal where you can enter your information and buy the application.