This is legal according to multiple sources. Must delete media if you do not personally own it within 24 hours.
Special thanks to Greeny
http://www.realitylapse.com/
Edit:10/18/11
Special thanks to Asakura for compiling a list of all the links from this topic:
Here ya go Noit (Justdubs is still fun when youre too lazy to read ):
Anime (Dubs/Subs):
http://www.4animes.com/anime.html
http://watchanimenow.com/
http://www.rawranime.com/
http://www.anime-sensei.net/
http://www.animeseason.com/
http://www.anime-sub.com/
http://www.animeshippuuden.com/
http://www.narutowire.com/
http://www.anilinkz.com
http://www.digimonspirit.net (Digimon)
http://www.animea.net
http://www.animefreak.tv
http://dbzepisodes.org
http://nwanime.com
http://www.animekuro.com
http://www.animecrazy.net
http://www.animedreaming.tv/
http://www.watchanimeon.com/
http://myanimelist.net/
http://www.animefushigi.com/
http://www.Animethunder.com
http://www.icefilms.info
http://www.bleachget.com (Just bleach, subs)
http://www.watchop.com (One Piece, subs)
http://www.otakucenter.com
http://www.tokyotosho.info
http://www.otakustreamers.com
http://anime-media.com
All Dubs:
http://www.freewebs....ullepisodes.htm
http://http://www.crackdubz.com
http://www.dubhappy.com
http://www.justdubs.net
Manga:
http://mangahelpers.com/
http://www.animea.net/
http://www.mangastream.com
http://www.mangareader.net