CODETHOUGHT  I'm also having the error:

"Radio Gaga could not receive information from the radio list server. The radio list server is required to retrieve the list of available Internet radios. The server may be busy at the moment."

Been going on for a couple of days now.. :|  
(Version 1.0.2)

CODETHOUGHT  Sorry I should be more clear..

I see output from the grep line you suggested but *still* see nothing in Time Machine Buddy when it runs.  
(Version 1.0)

CODETHOUGHT  I did the line:

grep backupd /var/log/system.log > ~/Desktop/backup.log

However I still see nothing in the Time Machine Buddy screen. I gave up using it.  
(Version 1.0)