Well, the internet is quite an amazing place. Firstly, there are tons of free e-books at Wowio (they just put ads on the fist pages of the pdf ebook). Now you can watch TV episodes and a handful of really good movies - free and pretty good quality (480p). Hulu. Hmm.. I guess all of the good domain names were already taken.
EXTREMELY strong language warning... But this clip must be embedded for the good of all mankind.