Let's start with the good news, via Criterion:

It’s not often that you get to say you are going to meet millions of new people on a single day while making a wish come true for many of your oldest friends, but that is exactly what is happening to the Criterion Collection today, as we go live with a major exclusive new offering on Hulu.

Oh, cool! That sounds promising! Tell me more, Criterion!

Starting today, there are more than 150 of our most important films online on the Hulu Plus subscription service. Over the coming months, that number will swell to more than 800 films. For the true cinephile, this should be a dream come true.

Emphasis on "should," I guess, since it's not the "good" Hulu Criterion's talking about, but Hulu Plus—a paid version of Hulu with a few perks (like 720p presentation) that're hobbled by ads and less content than Netflix. I know plenty of people who use regular Hulu, and even more people who're addicted to Netflix Instant Watch—but I have yet to speak with anyone who thinks Hulu Plus is a worthwhile investment when compared to other streaming and downloading options.

On the other hand, props to Criterion for taking an important step into world of digital distribution—and congrats to Hulu Plus subscribers, who might've just found a way to justify their subscriptions. While it's true that Criterion offering so many of their films online can only be a good thing for cinephiles, here's hoping in the future, their movies will be offered through services that more people will use.