For actual radio, it is local, almost always from FM, at least from local FM transmitters. Alas, CBC has no actual station in my neck of the woods, and that is what I listen to most, on a GE Super-Radio III, which has fairly decent sound. To stream on the Internet would require I take a signifcant hit to listen to the CBC stream, over the Netbook speakers. I only do that if the local trasmitters are down.
Apart from the CBC, there are a handful of rather local stations, from Wingham to Owen Sound, which I circle through, or leave on one of them.
It was really a treat to get local stations that played somewhat good music, starting 2004 or so. Before that, it was my goal to receive radio stations from Toronto to London, including the Star Choice Radio, and what was on analog C-band. I do listen to the now Shaw Direct Radio and Galaxie digital music channels, on occasion.
I have listened to the radio station two towns over, which is only 5000W and cannot be received in my media cosumption lounge, by Internet stream, connected to my stereo system. I have also recorded their Rock programs to the PC there, to listen on my MP3 player as I work, and yes, delete the recordings when done.
I also am into, when I get the urge though, to listen to the Absolute Radio streams from the UK. I don't listen to those stream aggrigator services as a rule.
As for why local, it is cheap and easy. I can get receivers for free, or easily repair the ones I have, and they work anywhere, in nearly any condition, particularily where Internet is not available, and is rather power efficient, compared to Internet or other digital receivers. A few AA batteries can last days in a little portable radio, and the Super Radio III, although AC powered mostly, has the same D-cells it has had for about three years, and they still run the radio.