This seems to be an reasonable weekend project to tackle on a lazy afternoon. Rohit found a good deal on a TEA5767 FM radio chip on ebay. With some help on the part he received from another maker, Dilshan, all that was needed was a decoupling cap and a watch crystal. A DIY pigtail antenna later he had the board ready to interface with the MSP430 Launchpad via I2C. The push button cycles through FM radio channels.
The TEA5767HN is a single-chip electronically tuned FM stereo radio for low-voltage applications. The radio is completely adjustment-free and only requires a minimum of small and low cost external components. The radio can be tuned to the European, US,and Japanese FM bands.