I finally got an invite to the private beta of the new video site Hulu (Thanks TechCrunch!). While there may not be a lot of anything worth while on television nowadays, Hulu is still fun to use, and gives you more control of what you want to watch.
Hulu features some limited HD content which looks pretty good (using the latest Flash Player 9.0.115), and you can expect the HD offerings to increase in the future.
One cool feature on Hulu is the ability to embed and share clips on your blog or with friends via e-mail. You can even select a customized chunk of a particular video to share. The social networking aspect of Hulu is evident when you view your profile, which shows your public playlist and your history (both of which can be viewed via RSS).
Here's an embed straight from Hulu: