Yeah, right, well, wait and see: let' s hope it has the simplicity of Blogger and the ease of use and power and APIs of Flickr!
From Odeo: Listen, Sync, Create.:
Somewhere in an apartment in San Francisco, we're making it easy for you to discover, create, and subscribe to fresh, independent audio content for your iPod (or whatever MP3-player-type-deal you prefer).
We're not done yet, though.