Smashing Multimedia was designed especially for podcasters, photographers and users who can now easily embed videos and images, rate them and showcase them in their own WordPress-based blog. It has a parent theme and an easily customizable child theme. This WordPress Theme comes with layered PSD source files, a visual help guide and is fully localized ready for you to translate it into your target language.

The theme is released under GPL. You can use it for all your projects for free and without any restrictions. Please link to this post if you want to spread the word. You may modify the theme as you wish.