The Bionic has an FM radio. I loved FM radio, it is certainly better than streaming in several instances. JB broke the radio without root. As I understand that was at VZW's direction. I wouldn't count FM in a future device.
As a side note, I am in a gulf coast state. A group here was trying to force legislation to require FM radios in phones. Their push was for safety. We are hurricane prone. (every region has its own natural disaster issues though) Very few people have a portable battery powered radio anymore. When power is out we are largely in the dark. But nearly everyone has a smart phone and most can charge them in their car. Problem solved. The group has not gained much ground, but more support could't hurt.
The reason is easy. I still have unlimited data, but that won't last forever. For the rest with tiered plans they want to charge those giant data overage chargesI just don't understand that reason that any of them would want to block access to FM radio. It's a very strange move in my book. I have the thunderbolt and it has FM radio on it.