A new Usenet provider is tying its shoes and stretching, anticipating to hit the ground running into an already large and competitve market.

UseNetVault is expecting to launch its usenet services on Monday, June 16th, 2008. Offering both monthly subscription accounts as well as slotted accounts, known as “pooled” or “bucket” accounts, allowing users to get prepaid accounts based on his/her anticipated bandwidth usage; these slotted accounts are valid for up to 12 months.

What we can expect:

• 100+ days binary retention
• SSL enabled for no extra cost
• 20 concurrent connections on all accounts
• Live support 24/7
• 100, 000+ available newsgroups
• and over 99.8% completion rate

Most conveniently, UseNetVault will also be accepting PayPal as a payment method (along with all major credit cards). This comes as a huge relief to many users! Very few news providers accept PayPal, despite the large demand, due to PP’s unwillingness work with usenet-related groups.

A word to the pirates:
While we can assume they will comply with the DMCA, posting can be enabled on all accounts at no extra charge.

A word to the spammers:
Don’t even think about it. Spammers will be shut off without notice. Save your pyramid schemes and cell phones from Nigeria for phpBB forums.

A word to the webmasters:
Affiliate and referral systems will be in place (just don’t expect it for a few weeks after launch), giving you the opportunity to get cash back or credits to your account for signup leads you direct to them. A pretty sweet way to get someone else to pay for your Usenet access, without having to do anything.

Find out more here: http://www.usenetvault.com/

Update June 18, 2008:
UsenetVault is now OPEN!