We have been trying to find a solution which will allow us to embedd RSS feeds into WordPress. We tried a number of WP plug ins, but were not happy with the results. We tried Widgetbox to see if it could provide the answer.
 

The first thing to do is select what type of widget you want to make. We select RSS feed. We then type in the RSS feed URL.

We can select the color and then copy the widget code and paste it into WP. Here is how it looks.

Its a very slick interface and based in flash. There is also a lot of capability for altering the interface, and they have an interactive builder that shows you what the interface looks like before you paste the code.

Then one can copy the code when they have the widget the way they like.

The only downside we can think of is it loads a bit slow. We test the links to be sure.

Very cool and very well done.