Those with Android tablets and smartphones can now look forward to renting movies, thanks to new functionality available on the Android Market that ties into Google-owned YouTube’s expanded rental service.

The Android Market service will be available on Android tablets after an upgrade to Android 3.1, and to phones with Android 2.2 and higher within a couple weeks.

Rentals are typically $3.99 for 24 hours of access to the movie.

If you have an Android tablet or phone, how often do you think you’ll rent movies from the new service?

Android Market Movies [Android Market Movies via Engadget]

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