Paraclub is a free WordPress theme from Newwptheme with featured posts option. Suitable for any niche. Theme Options at admin panel.

Features:

• Admin Options
• Featured Posts
• Featured Video
• 125×125 banners ready (easy editable from admin options)
• 468×60 Header Banner ready (easy editable from admin options)
• Two columns
• Gravatar on Comments
• Compatible with latest WordPress versions
• Widgets Ready
• SEO Optimized
• Fixed width
• Tested and compatible with all major browsers: IE, FF, Safari

Admin Options Features:

• Featured Video
• Featured Posts
• Logo image
• Twitter
• Header 468×60 pixels banner code
• 125×125 pixels banners
• Sidebar Ads/Banners
• Header and Footer script codes

Live Demo