Truly re-inspired by Dave's injection of interest into mobile news reading, I've been tinkering with my own custom solution. Since I subscribe to NewsGator, I'm using the NewsGator API for some backend, but I've done quite a bit of plumbing myself.
The most important things I wanted to be able to do were (1) to be able to mark posts read (and since I'm using NewsGator, that "read" status synchronizes across all my aggregator clients on different computers) and (2) to fix the annoying nonsense characters introduced by idiotic feed generators -- that includes the New York Times and Washington Post.
The results are starting to shape up nicely.
Here's the main page I see after I sign in.
And notice that in FeedDemon, "Chávez" is screwy, but I've got it right.