Ah, broadband... Talking about pirating videos in these forums is frowned upon.
So, what you mean is not burning movies you made yourself with a diggy cam, but stuff off of the internet.
Well, sorry to tell you, but most movies you rip off the internet is in DivX / MPEG 4 format, and currently no hardware player can play that back.
Unsure if you can convert DivX back into MPEG 2 or MPEG 1, the former would take too many CDs (at least 8) and the second would diminuish the quality a bit too much.
It's not worth it, IMHO, anyway.