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eGroups.com is a very useful site to start your own mailing list.
Their features include: o Moderation Options - You can choose to either have your list moderated or unmoderated, in either scenario you can select certain members for exception to these rules. For example if your group was moderated but you had grown to trust someone to post appropriate messages, you could chose that that member can be unmoderated while keeping all other members moderated. o Links page - Here your members can put their links in one easily accessible place o Polls page - This is a place where your members (or just you if you chose so in the settings) can set polls to find out how the other members feel on certain topics.
There are lots more features that let you tweak the list to your own feel, why not try it out! I'd certainly recommend it!