NewsFire is an RSS newsreader with a Mac-friendly face and a number of handy features, such as smart feeds that match specified criteria, animated alerts, and more.
While no information is available regarding what's new in version 1.6v84, version 1.6v81 adds/changes the following from version 1.5:
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Also, if you have an older Mac, be sure to check out the "Classic" applications page for more options.
Finally, take a look at ALEMIA if you think you know that name of an application, but aren't quite sure.
Some Web browsers (such as Safari, Firefox and Shiira) can perform rudimentary RSS newsreading tasks, but they're not specialized, dedicated applications like these, with all sorts of bells and whistles. If you want to get your feet wet with RSS, however, Safari & Firefox can be a good start.
These are applications that are newer and of potential interest, but which I haven't yet selected for permanent inclusion. Have a look, and let me know if you think they deserve to be part of the permanent collection!