Usenet is about as safe as you can get since most premium providers only keep logs for 24-48 hours, and most providers don't record what you download only how much you download. Add to that some providers are starting to support SSL, Giganews and UNS, your ISP doesn't know what it is you're downloading/uploading, only you and your Usenet provider. Correct me if I'm wrong on that last part.
I use UNS and this is from their website:
At Usenetserver.com, it is our goal to keep your personal information as private as possible. Our news servers remove the X-TRACE header and NNTP-posting-host header, thereby removing where you posted from. Other users only see from which UNS server you posted. We also do not monitor what you download. We only monitor how much you download in accordance to your chosen account. Please understand that we only see byte data and nothing else.
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