I have been checking it, and I confess I really like how it works. Why?
- Because it is easy to use,
- it offers three different levels: Beginner, Intermediate and Advanced,
- you can watch the video and read its dialogue at the same time
- you can download the videos (iPhone/iPod,.mp3, Quicktime, Windows and mobile formats),
- each video includes the dialogue transcription, its translation and grammar notes.
- you can join their community (it is free) and post comments on videos.
- Finally, it is fisically based in Spain, concretely in Barcelona!
As a sample, watch this video from Lingus.tv. I have choosen a beginner level video:
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