Emulsions stabilized against diffusional degradation by incorporating a polymeric cosurfactant have been produced and polymerized. The presence of large numbers of small droplets shifts the nucleation mechanism from micellar or homogeneous nucleation, to droplet nucleation. When an efficient cosurfactant is used, this process is referred to as miniemulsion polymerization. Polymer, however, is known to be a poor cosurfactant. Its advantage is that, unlike most cosurfactants, it is innocuous in the recipe. Results indicate that even a poor cosurfactant (polymer) is adequate to stabilize small droplets against diffusional degradation long enough to nucleate them into polymer particles. The dependence of the concentration and molecular weight of the cosurfactant on the droplet size and distribution is investigated. Droplet diameters range from 19.5 to 141.2 nm with polydispersities of about 1.023. The polymeric cosurfactant is found to affect the mechanism of nucleation. On-line conductance measurements are used to successfully differentiate between nucleation mechanisms. The observed reaction rates are dependent on the amount of polymeric cosurfactant present. In addition, the latexes prepared with the polymeric cosurfactant have lower polydispersities (1.006) than either latexes prepared from classical emulsions (1.049) or from alkane-stabilized miniemulsions (1.037).