G'day Tim,
Welcome to our new forums!
You will be very pleased to know - and I already know that many, many people second your comments - that yes, RSS is on its way. I don't have the exact launch date for the new Cyclingnews wesbite on me at the moment, but I believe we're on schedule for a pre-Giro d'Italia launch and this website will have RSS functionality.
As I mentioned, this is one of the most in-demand functions that Cyclingnews has lacked over the last few years. The reason for it is really simple (yes, that was intended). Due to the website's current structure it is possible to setup an RSS-like feed, and I know a few handy programmers out there have made their own, but it wouldn't/doesn't actually function to the full capabilities of this technology, so we opted instead to wait for the complete new website.
Cheers
Greg Johnson