Yes, here is how I store up to 1500 movies. I catalog them here:
Then store them here:
If I need more space, just add another stack. I can eject them through the computer or manually. Works great for me. Right now I use six for DVD's, 2 for HDDVD's & 2 for Blu-Ray.
I have used this setup since Xmas. It works great except for the occasional glitch of not recognizing a USB connection in WindowsXP, which is easily fixed.