Power Radio is a FM player with RDS decoding, at least on HTC HD.

Changes:

– Power Radio got gesture support! Please note that this is only supported on Windows Mobile 6.5 or greater
The following gestures are available:
– swipe right/left to switch to next/previous preset bank
– pan a preset to another (free) location. It wont let you overwrite existing presets.

http://forum.xda-developers.com/showthread.php?t=531600