Worked exactly as described, and setup was straightforward and well documented. I'm new to the G1 music player, so I feel like I could get even more functionality though use of playlists.
I did, however, create a Smart Playlist in iTunes to dynamically grab recent podcasts matching a certain pattern ("NPR:") - and voila! I'm replicating the functionality I had with the iPhone, providing me my morning public radio fix while I ride BART in to the city. Ahhh....
Thanks for pointing this useful sourceforge project out!