I love Netflix and Hulu. Hell, I think most of us do.

If I had to make a complaint about those services, though, it’s that they both have an incredible tendency to not have the exact movie I want to watch at that time. This isn’t so much a fault of their massive libraries, as it is the result of the impossible task that is acquiring every film and TV shows that have ever been made, along with being able to anticipate the exact whim of every user.

The Cinema One from Kaleidescape proposes an interesting solution to this dilemma. It allows you to store up to 600 DVD quality titles or 100 Blu-Ray quality titles within the player to be accessed at your leisure. The movies themselves can either be downloaded from the Kaleidescape store, or ripped straight from the DVD and Blu-Ray source.

Think of it then as your own personal steaming service then that is catered entirely to your tastes. Even better, it offers services that Netflix and Hulu can not such as custom DVD like scene skips for every title, and video and sound quality that is simply not possible with the traditional streaming methods.

As absolutely incredible as the concept and actual product is, the price is a real buzz kill. Coming in just shy of $4000, this is already a big ticket item before you even consider the additional costs of purchasing movies to add to it (though it does come with 50 free movies upon purchase). While the whole “no subscription fee” thing helps somewhat, even then that’s a price tag that limits the market considerably.

Based on concept and design alone, though, this is one of the most notable devices released this year, and will certainly serve well as the centerpiece of any true film buffs entertainment center.