rodloc: well that would be a perfect situation for good old zealand but i have feeling that might never happen until some smart guy spends the money to create it.
I wouldnt mind having hulu or something similar to do just that and i would pay for it. But it would need to have the latest programs from the US on it to make it worthwhile.
Try a free (or paid) VPN to watch Hulu, much better selection than here in NZ where programs aren't always up to date.
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