Campaign Monitor Email Design Guidelines (scroll down for their discussion on images)
http://www.campaignmonitor.com/resources/will-it-work/guidel...
Image Blocking:
http://www.campaignmonitor.com/resources/will-it-work/image-...
CSS Support:
And people managing these kind of newsletters probably know that. They design nice layouts for their newsletters, with images and fancy stuff to be "visually friendly". And they know people will want to let pictures in, and they know they will then have the possibility to track views. They even include the infamous if this email isn't properly displayed, see it here [http: //link/mail/online/?here_is_who_clicked_this_link=your_name] (usually more subtle than that.)