here's the short answer
http://www.rexmag.com/newsfeed.html
two sites using the feed that make it look real nice are
www.larrymag.com and
www.webzinex.com
my feed is fucking easy to set up, i don't know why so many people need third party programs to do it. if you do want to pick and choose how many headlines show up use whatever hornyblogger.com is using.. that site is ncie