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My first response would be
1. The newsletter is not going to be hosted by any other site on the internet except my own (in the newsletter archive section). So it effectively doesn't create reverse links.
2. If my the reader was not 100% sure what a specific acronym stood for, a link to a description page for the acronym could be handy in generating site traffic (ah la WikiP). But then it does draw away from the paragraphs specific topic (which will have a link to the website regarding that topic at the bottom anyway....)
Any advice would be appreciated..
That first premise of yours is wrong - yes sites will put your newsletter up. There are numerous sites out there that are dedicated to putting up just random newsletters.
You never know where your newsletter will end up. How about putting it on your own site in that kw location?
Then there are all the bookmark utils and sites like delicious. All of them feed links to other sites. Those sites in turn search those urls for kws. KW's keep giving long after the newsletter is dead.
Firstly, had I been in your situation, I would follow the process as:
1. Write the news letter with Anchors, linking back to my relevant web page.
2. Upload it to my own site's relevant section.
3. Submit it to other resources for getting one way back-links.
4. Shoot the letter to all desired addressees.
Bottom line: Do maximize your ROI.