I might be a bit late with my post.
I think the best information about newsletters you can get by
subscribing and observing letter from the respectful companies of the similar
business.
The safest is hybrid layout, the tabled one.
I saw that lots of companies are just slicing pictures with text and it looks
good,readable and nice.
The chose should depend on what business you are in, what is more important in
your newsletters
the actual text(information) or the product display(pictures).
It reminds me of a book " Pattern Recognition"
http://www.williamgibsonbooks.com/books/pattern.asp
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