Cool
Sounds cool, especially if it includes really up to date stuff (stuff where I really don't want to have to pay to see it at the cinema cause it only looks OK) for a lower price than the cinema (if it's the same or more then people will continue to download illegally and they'll get nothing).
Will it actually be available in the UK too or just the US? Also, will the titles be available low res for people like me who have awful (sometimes < 1MB) connections?