1. An electronic device comprising: a) a wireless transceiver capable of receiving and transmitting radio frequency signals enabling the electronic device to receive an Internet radio stream; b) a system enabling playback of an audio content stream of a playlist assigned to the electronic device; and c) a control system associated with the wireless transceiver and the system enabling playback of the audio content stream indicated by the playlist, and adapted to: i) enable change of mode of operation between an Internet radio mode of operation and a playlist mode of operation; ii) receive and play the Internet radio stream when the mode of operation is the Internet radio mode of operation; and iii) when the mode of operation is the playlist mode of operation: receive the playlist identifying a plurality of audio content assigned to the electronic device, wherein the playlist includes information enabling the electronic device to obtain ones of the plurality of audio content from at least one remote source; obtain the ones of the plurality of audio content from the at least one remote source; and play the plurality of audio content indicated by the playlist.