I’ve been waiting a long time to find a solution like Newsberry. It used to be that if you were a small business or non-profit and wanted to send a nice looking email newsletter to your customer base, you didn’t have many options, and practically none if you were on a budget. I won’t mention those non-option providers, but they know who they are.
Newsberry is perfect: they offer very reasonable pricing, both monthly subscription and pay-as-you-go, a nice selection of templates, reporting, segmented lists, bounce management and Basecamp integration! Go give them a try!