This may be a good alternative to the various web-based services, which suffer from various limitations (cost money, display ads, limited number of feeds, limited retention, annoying features you don't want, etc). The email-style user interface is also familiar, and you can set up filters to ignore or star certain stories.

Assuming you don't need syncing across devices, the main drawback to self-hosting is that it only receives updates while your PC is switched on. Some feeds update often enough that you'll miss stories if you don't grab them multiple times per day.