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A friend has gathered 3500 names and e-mail addresses of customers but
didn't capture the info in a mailing list program.  He wants to set up an
announcement-only mailing list for those people who have indicated interest
in his business.

What mailing list software would you suggest in 2010 for this purpose?
Hosted like Listserv ($$$) or Yahoo Groups (free) ?

Or a desktop solution?  Suggestions?

My guess is the number of subscribers could double or triple over time...

Thanks,

/rich