1.) For those interested in getting the lay-of-land with respect to the modern novel:  

The American Novel Since 1945 Amy Hungerford is ‘the bomb’ at ‘opening the text.’ Plus, it’s an Open Yale course… classy!

2.) For straight-talk about the recent ins-and-outs of indie publishing from steampunk author, Lindsay Buroker:

 Savvy Self-Publshing Probably the most useful and practical of these kind of podcasts that I’ve found.

3.) For an INSANE level of theory drawing parallels with Freud, Post-Colonialism, Postmodernism and just about everything:

Literary Theory Another Open Yale course. Paul Fry might just make your head spin. I used to listen to it in the morning with my cereal to wake me up. 

4.) For a broad overview on the craft and business:  

The Writing Show This podcast has tons of episodes and I think the earlier ones are some of the best.

5.) For some modern and strange short fiction:

The Drabblecast The production and narration are excellent. Surprisingly little drabble is cast.