I like the Piclist a lot - but it's getting quite hefty to download each
day.  Is there an argument for setting up a newsgroup for the Pic (maybe
a moderated one to kill the spam?)

It'd be nice not to have to download Happy99.exe for one thing - and the
corresponding avalanche of comment (worse).

The traffic is such that I haven't got time to read it all, and only cherry-pick the interesting stuff - which is what I'd do in a newsgroup.... 
 
So is there a case for a newsgroup?