I didn't see Live Bookmarks on my Firefox, so I'm using the "NewsFox" add-on Rick suggested and it's working great.
I'll elaborate more on these browsers and/or add others later, if needed.
Nov 26, 2009 edit:
Video tutorials on RSS feeds:
If you use Internet Explorer:
Using Live Bookmarks in Firefox:
If it doesn't work as expected:
Firefox addon: NewsFox
When I click on the RSS link or icon in Firefox, it gives me the option of using iGoogle or Google Reader instead of bringing up Live Bookmarks. I don't want to use Google for RSS and haven't found a way to stop this behavior yet, so I have installed the Firefox addon NewsFox for now.
With NewsFox, I have found that I have to add the subscriptions manually, but it works. To add it manually, right-click on the "RSS" link and choose "Copy Link Location." In NewsFox, find the icon in the top left corner that looks like a page with a green plus on it. If you hover on it, it will say, "Add feed."
Paste the url into the box next to the orange RSS icon, then click the "ok" button. This will insert the feed url into your list of feeds. If you right-click on that feed, you can choose "Feed Options" and change the name of the feed there, next to the white and blue RSS icon.
To unsubscribe to a feed in NewsFox, you can highlight that feed and press the delete key on your keyboard, or click on the icon that looks like a page with a red minus on it. If you hover on that icon, it will say, "Delete feed."
Other news readers:
There are other news readers out there. You can google for some, and if anyone has a good one to recommend, feel free to post it here.
Re: RSS feeds Customizing RSS links via the Custom Language Set
If you have already customized your RSS links, you will need to do it again in the near future.
The default for the Support link is currently:
<a href="%1">Support</a><br />
The default for the Search link is currently:
<a href="%1">Search</a><br />
However, the default for the RSS link is currently:
To make those links consistent, Thor will change that to:
<a href="%1">RSS</a><br />
This will require a little extra programming on Thor's part, which he expects to have done tomorrow.
After this is fixed, you will need to re-do any customizations you have already added for the RSS field of your Custom Language Set.
Addition to the RSS feature:
If you are using a modern browser, you may have noticed an RSS icon in the address field of your browser wherever an RSS feed is available. Clicking on that will have the same effect as clicking on the RSS link.