I'd set-up something you haven't mentioned; a bulletin-board system
like this site ;} ... or maybe something Zope based?
One of my personal preferences would be
http://www.zope.org/Members/wankyu/NeoBoard
because it has threading.
The advantage is that you don't have heaps of replication (like in
e-Mail or Newsgroups [assuming that people download their stuff of
the server for responding]), that people who weren't present at the
time something occurred can see it later (unlike in AIM or IRC).
Cheers,
Tink