RSS Feed for Princeton Server not loading / unable to map

After upgrading to om_airing from om_broadcast_sync, one of our princeton channel feeds was not pulling in properly (symptoms of this included empty airing schedule, no 'feed example' on the feedapi mapping tab, no proper items to map to on the feedapi mapping tab.

Debugging showed the issue to be a 15 second timeout in the simplepie cache for feedapi, not related to om_airing. I am adding this issue here however, as I find it likely others will run into the problem due to the low simplepie timeout -- a solution for this is to open up sites/all/modules/feedapi/parser_simplepie/parser_simplepie.module and change the timeout around 220:
$parser->set_timeout(15);

to something higher like...
$parser->set_timeout(50);