Movielink, the studio-backed online movie rental service, is now open for business.

If you have a Mac, don’t bother — your computer doesn’t meet the “minimum system requirements”. If you live outside the U.S., don’t bother — you don’t meet the minimum system requirements. Whether you should bother if you have a Windows box is an interesting question.

Rentals cost (for good movies) $5 — more than it would cost me in time and money to drive 5 minutes to my local Blockbuster and rent a movie for 2 days (new releases) or a week (not new releases). Plus, movie previews (for the movies that had them) didn’t work on my Windows XP machine with the latest everything. The site looks nice. Shame it doesn’t work.