Of course, there is video. Yes, there are SD copies and screeners, maybe even someone ballsy enough to cam and slip that on BitTorrent, but 1080i (true, not upsampled) movies are rare.
Dude, either you haven't been paying attention, or you don't know how to use teh intertubes. Every movie is available as a torrent in full 1080p pretty much the day the blueray disks hit the store shelves. Many are available even earlier.
Even Blu-Ray hasn't been fully cracked yet (it is still a race with each individual movie.)
If by "race" you mean that the various release groups are tripping over each other in order to see which one can get theirs up in the shortest amount of time, then yes. "X-Men Days of Future Past" won't be available for purchase for another 3 weeks, but there's already a 720p blueray rip available on the torrent sites, and the 1080p version should follow in the next few days.