My advice to you is to skip past the ones you don't want to see to the ones you DO. For example, I watched "I, Robot" the other night, with a buddy.
It was a 40 minute download (YMMV) for $2.99. And yes, we spent that 40 minutes making popcorn, chatting, and such. The movie was great - my friend's video projector put it up at a whopping 60 inches, and yes, it was good quality at that level.
And no, I didn't try downloading it from ThePirateBay, but now that you mention it, here I go... Ok, I got a torrent, and yeah, it will be another 3 hours 40 minutes until it's downloaded at 64KB/s.
What is your time worth? I'd say on a Friday night, I'd rather pay $2.99 to download a movie in 40 minutes than get it for free in 4 hours. Seems like a good deal to me.