Without looking up the alleged meaning of this phrase, I'm going to take a stab at it. Actually, I'm going to go one further and suggest that I've talked about this before, but without the eloquent buzzword.
Podcast stats are a hard beast to pin down. Part of the problem is the same problem that plagues website stats: the http protocol used to deliver web pages and podcast files was designed to be stateless. Stateless is the term given to a process that isn't designed to keep information from one transaction to the next. In the web world, that means that when I go to the front page of Google and put in a search, I get a page delivered to me. Google then promptly forgets about me and when I click the 'Next' link to see the next page of results, Google has no idea that I'm the same person who requested the initial search. Clearly there are many workarounds for this statelessness and there are now many statistic packages out there than claim to be able to derive visitor navigation, return visitors, unique visitors and visit length despite the fact that the http protocol cannot collect or provide this type of information.
The second part of the problem is that the behaviour of any RSS feed reader, podcast or otherwise, is different than the behaviour of a human web surfer. An RSS reader can hit a feed many times in a day to check if there are new episodes and counting each of those hits is meaningless.
So what do we need? We need a third party stat that is deemed reliable and therefore adopted as the defacto standard for stats. Or, in other terms, we need a 'trading currency metric'.
There are existing trading currency metrics for the web. A website's worth in terms of advertising and sales dollars is largely based on Google Page Rank and Technorati and/or Alexis rating. These are all third party metrics, but they've been around long enough and proven themselves reliable enough that the industry has adopted them.
We need something like that for podcasting. Feedburner has done some terrific work with podcast feed stats, but there are many podcast listeners who don't use feeds - they direct download and therefore Feedburner can't count those hits.
Quite possibly the Audit Bureau of Circulations (ABC), htherto associated with newspaper circulation, might become that metric.
I can't wait to see how it ends...