I don't have time to really get into it now, but lemme just say:

Treo 650 + Pocket Tunes + stereo adapter + Unlimited internet plan for your cell phone = OldSchoolLive.com Anywhere!!!

I was playing around with it over the weekend and it worked great!

When I find the time (yea, right), I'll put together a quick page for mobile palms and pocket pc's to easily connect to the stream :)