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VHS tapes are generally pretty cheap, if you happen to be on a budget (and who isn't?).
Another plus of VHS is that "original" versions of films can be found cheaply in this format (unless some Ebay seller realizes he's got something rare and prices it up like crazy). There's quite a few films now that have been altered and are not available in their original form on current formats. The Star Wars films are a great example of this.
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