I use 2T network storage that can be connected to tv wireless or through HDMI that also have apps as netflix.
I usually download 1080i or 720i movies to it wireless (it's connected to router) and watch it as I find streaming 1080i movie isn't so smooth, rather it lags like crap. Or if I can't find a movie that I would like to watch from torrent, I just use netflix.
You could get this media network storage from WD for $200. Interface is pretty too.