Currently I'm subscribed to some podcasts, such as the 'Digital Convergence Podcast' (http://cerelogic.libsyn.com/rss). Unfortunately I can't use the seek bar. No matter what I do, the podcast starts all over again. Needless to say this is annoying and made me open the files with Media Player Classic, which allows me to seek.
The issue only applies to podcasts. Music files which well exceed the length of the podcasts (two hours plus) are no issue.
The MediaMonkey version is 18.104.22.1686 on Windows 7 (64 bit).