valdean writes "Disney, Intel and Cisco have teamed up to launch Moviebeam, a $200 set-top box connected to your TV set that offers 100 movies at a time, with 7-8 new films replacing the 7-8 oldest each week. Movies cost $4 for new releases and $2 for old ones, with each payment granting 24 hours of access to that movie. There is no subscription fee and no monthly minimum. The nifty part? MovieBeam's movies are encoded in the broadcast signal of PBS stations across the United States, so you don't need a computer or an Internet connection. The bad part? The Moviebeam player also requires a connection to a phone jack -- every fortnight the box dials a toll-free number in the middle of the night to tally how much you've spent on movies so far, for the benefit of your monthly statement."