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Crunching the Numbers. According to Apple, a standard-definition movie averages about 1.5GB in size, so only two such files would fit within the 3.73GB space of a 4GB flash drive, leaving a little over 700MB for other files.
Watching movies or TV shows on Netflix uses about 1 GB of data per hour for each stream of standard definition video, and up to 3 GB per hour for each stream of HD video. This can create headaches for Netflix members who have a monthly bandwidth or data cap on their Internet service.