The line between your computer and TV gets a whole lot blurrier today with the public launch of Hulu.com. It’s hard not to be impressed by the joint NBC/Fox venture. Full episodes of TV shows from 30 Rock to House and full-length feature films like The Usual Suspects and Ice Age are all available at no charge, streaming in high-quality. Many are even available in HD.

It’s ad-supported, and playing around a little, I saw a few different advertising models. Some movies give you the option of watching one trailer before your selection or a few commercials throughout. Others don’t give you the option and you either just watch a trailer and the movie plays without interruption or a handful of commercials play at random intervals. I also saw one not-too-intrusive overlay add at the bottom of the screen for a few seconds during one of my selections.

More after the jump.

Oh, and all the videos are embeddable. Not only that, but you can adjust the beginning and end of your selection if you only want to embed a specific scene. For example, here’s a scene I isolated from an episode of Arrested Development:

And here’s The Big Lebowski in its entirety (NSFW, obvs):

The film and television industry has been grappling with the Internet for years now and have introduced some solutions that are on the right track and a few that completely suck, but Hulu feels like the first real step toward a merger of the boob-tube and the Internet tubes.