The average movie costs $3.99 for a 24 hour rental. However, some movies cost $2.99, and a sprinkle of the 3000 new movies are actually free, but contain some ads.
This puts YouTube in the same movie-streaming boat as iTunes, Netflix, and even the Gadgetator reviewed Alphaline Entertainment. All of these services stream movies on-demand.
YouTube is different from iTunes, Netflix, and others because, unlike anyone else, YouTube has many free movies. Netflix does not rent movies, but rather uses a subscription model. YouTube also stands out from iTunes, as it doesn't offer downloads of movies, however, rental prices are similar.
Overall, YouTube seems like a great way to view movies, at 3000 movies, the library is nice sized, but you probably won't find everything you're looking for. However, if you do find what you are looking for, especially if it's an older movie, there's a slight chance that it'll be free. Another plus is that, since the movies are saved on your YouTube account, you can watch a rented movie almost anywhere you go, and switch off between devices during the movie. Check it out. as the chances are likely that you'll at least find one free movie you'll enjoy.
View the YouTube movie library here.