The skinny:
By now, the vast majority of you are aware that you can watch TV and movies on the internet for free, but doing it legally is a different story. Hulu.com is an effort by the big media boys to compete with the pirates and after a week of operation (they were in closed beta before last wednesday) it's looking really promising.

The good:
The list of provided content from Universal and Fox is amazing. There full episodes and clips of a ton of shows as well as a bunch of complete movies. The episodes are extremely fresh, often getting the newest stuff soon after it airs. Load times were fast over the T1 here at the office as well as over the WiFi at my house. Even the public WiFi served up Married With Children episodes with relative ease. The commercials are surprisingly unintrusive, running infrequently and only for 30 seconds when they do show up. You can scroll around the video and find specific parts without having to rewatch the ads, too.

The bad:
The option to download it, even with the unskppable ads, to a portable player would be huge.  The selection isn't up to par with the illegal sites, but if it grows, it certainly could be.

Some of the best available videos:

38 full episodes of Married With Children

10 full episodeds of 30 Rock

Every episode of Arrested Development

4 full episodes of The Simpsons

15 full episodes of Family Guy

9 full episodes of The Office

The Girl Next Door

The Big Lebowski

The Usual Suspects

Plus a ton more crap that has led to me getting absolutely nothing done at work for the past week.

The verdict:
Hulu.com is one of the best time sucks I've run across. As the selection grows and the few existing bugs are worked out of the interface, this thing is going to be a monster.