From the home page:
"40tude Dialog is a feature loaded, multi-server, multi-threaded Windows newsreader with Unicode character support.
It supports multiple servers and identities, has filtering/scoring support, integrated email functionality and binary support including support for multiparts."

Home page: http://www.40tude.com/dialog/

Release history: http://www.40tude.com/dialog/history.htm

Screenshots:
http://www.40tude.com/dialog/screenshot.htm
http://www.40tude.com/dialog/screenshot2.htm

Download: http://www.40tude.com/dialog/download.htm

This is pretty nice reader. Definitely worth the DL.