The reason you are not able to get any channel nodes is that, atom format doesn't have any channel nodes. check following
Your second link is an Rss Feed, which contains channel node like as follows
<rss version="2.0" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:itunes="http://www.itunes.com/dtds/podcast-1.0.dtd">
<channel>
<title>Engadget</title>
<link>http://www.engadget.com</link>
.
.
.
On the other hand an atom feed does not use channel nodes, as you might understand by following specification link above.
<?xml version="1.0" encoding="utf-8"?>
<feed xmlns="http://www.w3.org/2005/Atom">
<title type="text">dive into mark</title>
<subtitle type="html">
A <em>lot</em> of effort
went into making this effortless
</subtitle>
<updated>2005-07-31T12:29:29Z</updated>
<id>tag:example.org,2003:3</id>
<link rel="alternate" type="text/html"
hreflang="en" href="http://example.org/"/>
<link rel="self" type="application/atom+xml"
href="http://example.org/feed.atom"/>
<rights>Copyright (c) 2003, Mark Pilgrim</rights>
<generator uri="http://www.example.com/" version="1.0">
Example Toolkit
</generator>
<entry>
.
.
.
EDIT: To check feed Format
// url of the feed
string utlToload = @"http://feeds.feedburner.com/punchfire?format=xml"
// load feed
Argotic.Syndication.GenericSyndicationFeed feed =
Argotic.Syndication.GenericSyndicationFeed.Create(new Uri(urlToLoad));
// check what format is it
if (feed.Format.Equals(SyndicationContentFormat.Rss))
{
// yourlogic here
}
else if (feed.Format.Equals(SyndicationContentFormat.Atom))
{
// yourlogic here
}
else if (feed.Format.Equals(SyndicationContentFormat.NewsML))
{
// yourlogic here
}
Hope it helps