Odeo, an early pioneer among podcasting sites, is up for sale. Odeo's creator, Evan Williams is aiming to be open and honest about the sale, and wants everything out on the table so he's blogging about it. The creator of Blogger and the founder of Obvious Corp who is the web development company behind Twitter, admits that Odeo has not gotten the attention it deserves.

Back in the day, Odeo did receive funding, but when things didn't work out; Evan bought it back and was trying to rehash a business model. Twitter has taken off, and they must spend their time with that application, so Odeo is on the market. As an alternative to a buyout, Obvious is currently looking at looking at different investment situations as well, from a cash offer to equity. The full Odeo pot includes selling the odeo.com domain as well as the studio.odeo.com platform, including all code, the brand, and a database of three million MP3s. So, if you're interested, drop Evan an email.

UPDATE: Evan was reported to have paid $5 Million when he bought back ODEO from investors.

[Thanks Jordan Running]