They are free and they are online, but I can’t recommend the site without caveat. LikeTelevision (“only better,” they say) is an online site that offers, among other films, such classics as Yojimbo, Rashomon, the Miyamoto Musashi trilogy, and Street Fighter.
Unfortunately, LikeTelevision is seeking subscribers for its full size high quality versions of films, i.e., those of a size you can actually watch on a TV. So while the free offerings are decent enough resolution, they are only of a size you can enjoy on a laptop or smaller screen. For example, no matter which computer I streamed Yojimbo or Street Fighter on, I couldn’t figure out a way to get the widescreen/letterbox aspect films (16:9) to appear any larger than about 4 inches by 2 inches. Full screen aspect films (4:3), such as Orson Welles’ The Third Man, appeared to be around 4 inches by 3 inches on my computers.
There were also advertisements displayed in the sidebar for the free versions, but a little manipulation with the Real Player display settings got rid of them easily. I would recommend using Real Player, because I did have problems trying to use alternatives. Lastly, the subscription model LikeTelevision uses is ridiculous, at those prices a viewer would be better off subscribing to Netflix or a similar service with better variety for less cost.
So, while the site definitely has its drawbacks, there is some classic free content that streams well on broadband connections and might pass the time if you’re on a laptop. Savvy viewers could probably even figure out a way to capture the content and convert it to enable viewing on a portable device as well.