NOTE: Feeder is not supported anymore (as of Wordpress 2.3). Use the Widgets in Wordpress Admin Panel to achieve similar functionality.
Feeder is a RSS Feed aggregator which parses the feed and displays them in <li> tag.
Unique thing about Feeder is that, it can cache the given feed on your server. As Directly accessing the feed causes a delay in rendering your site, Because it needs to be parsed every time your page is accessed. (and not-to-mention it is taxing on the site where the feed is sourced)
You can download the latest version of feeder Here.
Please read the documentation provided to use it.
Report any Bugs/Feature Requests to subbu[.]exe[a]gmail[.]com