From John Anderson's about.com Pirate/Free Radio site:

You'd expect the issuance of the first construction permits for legal low power FM radio stations in more than 30 years
to be accompanied by some fanfare. But last week, when the FCC gave 25 LPFM applicants permission to build their stations, it didn't even bother to issue a news release. But the ball is rolling now: These selected applicants in five states can now raise their antenna and prepare to start broadcasting. Not surprisingly, none are located in major metropolitan areas, and in many locations the applicants could've applied for a full-power FM station license (if the cost had been lower.) It is disappointing to note that of the first permits to be issued, almost half are going to churches and religious groups, including various Calvary Chapel-affiliated congregations around the country. Religious groups (including Calvary Chapel) have already hogged enough spectrum through the use of automated FM translator stations. This is diversity? This is increasing community access to the airwaves? Sorry to rain on the parade, but if this is a sign of things to come, then for those that are lucky enough to get an LPFM station to listen to, it's not going to change the status quo on the dial much. And remember, this is only a small fraction of the more than 1,700 applicants who tried for an LPFM license.