yeah, i heard that movies from before a certain year are no longer protected by their copyrights. I read it in "wired", i think. they had a list of good movies you can get for free, which is good for PSP or iPods and what not. but yeah, I think it's the real deal, but you won't see too many movies from after the 1940's or something like that.
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There you go. There's a LOT of stuff in there. Check it out.
have a nice day :)