State Your Intent. The whole theme of your resignation letter is the statement that, well, you resign. You don't need to play coy__the time has passed for you to fish around for a counteroffer if it's gotten this far. At this point, you've made your decision to leave, and this letter needs to reflect that.
You'll have plenty of time to vent personally about your work grievances as you leave, but really, you stand to gain nothing by putting negativity into your resignation letter. And unless you're leaving the state and your current industry, you always run the risk of running into the same people later on. So you're far better off taking the high road and making sure your exit is a classy one.