(A new panel, named Open Media, will appear.) To use VLC as a streaming client, store your station presets under the Media Library on the Playlist panel ( not the bookmarks and not the actual playlist itself).
To tweak hotkeys settings, go to Settings->Preferences->Interface->Hotkeys settings Note: these shortcuts are only default settings and can be customized (along with many others). See also: QtHotkeys and How to set global hotkeys
