You're off by a couple of weeks...
Kaleidescape has new funding and is back in business.
http://www.cepro.com/article/kaleidescape_is_back_interview_with_ceo
While your opinion is that they milked others, I have been horribly disappointed with almost every other movie playback device on the market to date. They require a great deal of continue interaction with the end user, and often have technical glitches that can be difficult to overcome.
From day one, Kaleidescape has worked to be a legal option for movie playback that is drop dead easy to utilize. Plug it into your network, plug in HDMI, and enjoy. The interface has been emulated by others, but is almost always a underpowered turd when compared to the actual unit.
I wish I had the money to throw at such a product, but I'm certainly in the list of those that don't have the type of cash, and I do have the free time to use other options. But, that doesn't mean I don't respect the significant product that Kaleidescape is, and has been, for many years.