A:Answer Maybe. First, you would have to transfer your home movies to a computer somewhere, so that you can see the type of video format that it's converting the movies to.
From there, you would have to run a test to see if the WDTVLive would be able to play it.
The WDTVLive DOES NOT have it's own HDD of any kind. You could either put the movies on a USB Flash Drive/Jump Drive or even on an USB External Hard Drive, and plug them into the WDTVLive or you could share them over the network.
From there, you would have to test to see if the WDTVLive Media Player would be able to decode and play your movies.
BJ