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With the advent of video MP3 players, movie download sites are becoming as popular as MP3 music download sites.
iTunes allows easy purchase of iPod compatible movies - no formatting changes are needed so this is the easiest way to go for iPod users.
Another great site is Quickfreemovies.com - which operates on a subscription basis.
All such sites allow you to download and rip your movie either to a DVD, or to your video MP3 player for viewing.
Movie storage does eat hard drive space very quickly, so it is a great idea to purchase a separate drive just for your video content.