The site is in beta form right now, and you have to provide your e-mail address and be assigned a password to gain access, but I think it's actually very promising. I like it because it takes video programming seriously, and the content is high-quality and professional, unlike much of what is on YouTube.
You can read all the commentary online simply by Googling "Hulu" and searching some other blogs, but here is some of the information I've seen recently:
• New York Times
• More CNet
• TechCrunch (this one is just plain funny)