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Do you really have the patience to see 1hr 40 minute movies on your computer screen?
No, I was kidding. To hell with hulu.com.
lister, I didn't realize that the site is limited to the U.S., but I am not surprised. Restrictive as it is, this is leaps and bounds more lenient than most of the content we've seen from Hollywood moguls so far.
And as for Joost, I've heard a lot of hype but haven't tried it for myself yet. The last time I looked, a few months ago, they didn't have anything I wanted to watch.
If you want a cheap HTPC to hook up to that nice 42" LCD tv there are guides how to put boxee on an AppleTV box. Plus, MicroITX form factor computers are becoming easier to find and powerful enough to handle these types of applications.
Note: AFIAK, fully functional versions for Mac and Linux have been out for many versions now.