I thought this would be of interest to some of you. Watchfilms are offering more than 300 movies on their website that you can watch for free.
The movies are divided into six categories: Movies, Cartoons, Documentaries, Newsreels, Commercials and Short Films. Most films are black and white movies from 1930-1950 that belong to the public domain.
Among the movies are some classics like Meet John Doe with Gary Cooper or West of the Divide with John Wayne.
The cartoons are from the same time period but mainly in color, you can watch Popeye and Caspar ones for example.
I surely recommend this site for people who like films from this time period and also to people who maybe have not had much contact with it. Try it out, its worth your time ;)
Update: Watch Films is no longer available. The majority of sites that you find promise online movies are of questionable nature. You can check YouTube's Movies category for some older or specialized movies that you can watch online.
It is rather interesting that most movies are viewable by users from all over the world. The movies offered on the movies page are however all in English, which could be a issue for some users. The movies page offers classic movies, including The Phantom of the Opera, The Young in Heart or Boot Hill with Bud Spencer and Terence Hill.
Another great resource is The community video archive over at Archive.org that links to "open source" movies. Movies are available in language collections, with the English community movies collection the biggest by far. Not everything listed here is a movie on the other hand, which feels strange. If you dig deep enough, you will find some great documentaries and movies listed here as well.
The third and last resource is Wikipedia's list of Open Source film. Listed are a good dozen movies with links to a web page where the movie can be watched or downloaded.
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Ghacks is a technology news blog that was founded in 2005 by Martin Brinkmann. It has since then become one of the most popular tech news sites on the Internet with five authors and regular contributions from freelance writers.