Or consider Topica... http://www.topica.com/
Either way, paid or free... From the time you decide to do an e-zine, you can be taking subscriptions in less than a day. So there's no rush to publish your e-zine. Put up your subscription form during the lag period, when you see the first fruit of your traffic-building efforts.
Which brings us back to the first 3 of the BIG 5 TRAFFIC-BUILDING TECHNIQUES. We'll cover these all-important strategies during DAYS 8 and 9...
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