Disney launches MovieBeam

Here's the deal:

Payperview movie box from Disney that stores about 100 movies ready for you to watch at any time (well sort of)
Box = $300 (ouch)
No subscription fees
Movies are delivered over the air via an antenna and stored on to the box
Each movie costs $1.99 to $4.99 to watch for 24 hours (double ouch)
They claim "UP TO 10" new movies each week (which means the first week you have it, you'll ge the direct to Moviebeam classics of Lion King 2 1/2 and Lilo and Stitch 3.2)

They claim instant retrieval of any movie in their (so far paltry) collection. The good news it does have recent flicks (including such awesome blockbusters as Herbie Fully Loaded and Jessica Simpson's psychological terror flick Dukes of Hazzard). Anyway, the math works out such that if you watch 2 movies per week in HD, you'll spend about $520 plus the $300 to get the box...a whopping $820 bucks! If you watch that many movies, you may as well pay for HBO, Cinemax, and Showtme and grab yourself a Tivo or Media Center....it'll cost you less and I guarantee you'll get more than two decent movies to watch each week. The only issue is that it won't be in HD of course, but that will be fixed as soon as Tivo drops HD Tivo or you pick up a Windows Vista Ultimate powered PC.

At any rate MovieBeam seems to be a MovieBust...just another gawdawful attempt by Disney and company to make cash from poor rich unsuspecting 12 year olds who really want to watch Jessica Simpson reprise the role of Daisy Dukes in glorious HD over and over.

See For Yourself.