Sadly, it was acquired by Twitter and then shut down.
I like that relying on the standard email protocols means you don't need an extra client to post. I wish more services could be powered by email - it is already so old, yet still underestiated as a protocol.
PS 1: Now someone just needs to give me back my BlackBerry...
PS 2: It's great they also support another standard, RSS. Two features that I would like to see are: (a) subscribe to these RSS feeds as email (for symmetry, so I can read all in my email client if I want to) and (b) two-way interoperability with Mastodon.
PS 3: I can see others have pointed out their liking of Posterious below already, so this feature should have a future in some form or another!