Matt Schlicht has started embedding Hulu videos on his site OpenHulu which is a free site without the pesky need to get invites to a private beta (like Hulu).

For those not in the know, Hulu is an NBC and News Corp. joint venture publishing full length television episodes and movies.

While Hulu provides the embed links, something tells me they aren’t going to let OpenHulu play for long. I have yet to see the Hulu interface so I can’t really speak about where there advertising is placed, but unless it is all in the videos then they are going to be clearly losing some cash.