yes, you can. Just rip the movie file from the dvd using some kind of DVD ripper (theyre illegal if used on encrypted dvds) (and I don't know of any, but i have a friend who does a load of that stuff)
then u probably know the rest.. convert it to .mp4 format w/ pspvideo9 (www.pspvideo9.com) and plop it right into the PSP/VIDEO folder.
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