Phantom of the Opera (2004 movie)
http://www.watch-movies-links.net/movies/the_phantom_of_the_opera/ ( fair quality, played in parts)
http://static.youku.com/v1.0.0014/v/swf/qplayer.swf?VideoIDS=XMjk2MTU4OTY&embedid=-&showAd=0 (Full movie. You have to pause it so the stream can catch up)
Phantom of the Opera (Lon Chaney version)
http://www.truveo.com/PHANTOM-OF-THE-OPERA-1925/id/3107687743 ( shorter colorized version)
http://quicksilverscreen.com/watch?video=38950 (black and white version) A little grainy in places but I liked it.