This is an interesting article which should concern list owners,
particularly those who run their own servers.

http://www.smh.com.au/daily/content/980314/national/national9.html

[Selected quotes from above]

"For the first time, the case has brought into sharp focus the potential
     for an Internet service provider to be liable globally for defamatory
     material published through its services."

"His reading of the law was that liability could be established if the
     material was proven to be defamatory; if the service provider knew
     the material was being published; and if no action was taken to stop
     it."

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