Mail Factory Home edition
BeLight Software has released Mail Factory Home Edition, a scaled-down version of Mail Factory aimed at users who don’t need all the functionality of the pro-level application. Priced at US$19.95, Mail Factory Home Edition differs by not allowing merge printing for mass mailings and by not including a mass mailing database. It supports data from Apple Address Book, vCards and text files, but it does include over 700 clipart images and 100 unique masks, a variety of templates, integration with iPhoto and more. It requires Mac OS X v10.2 and is compatible with Tiger:
http://www.belightsoft.com/products/mailfactory/homeedition.php
