I'm likely dumping my satellite service soon and going to rely on more movies and recorded stuff for our family entertainment. In talking with some coworkers about this, an interesting idea came up to use a DivX DVD Player. This device would allow multiple movies on one blank DVD-R that we could set up with menus and so forth. It can hold a lot more video than a standard format and could be more easily stored both physically and technically.
Standard DVD players like the one I already own have come down in price quite a bit from my perspective. I saw one advertised at the local grocery store for $24.99! I was even more surprised to DivX devices for between $50 and $100 at the link above. At the same time I'm looking at DivX features, I may also be looking to add DVR capabiliites. But this appears to add up quickly and bring it closer to $200, which I'm not quite willing to pay any time soon.