With the FreeAgent Go drive connected to a Windows 7 based computer, the contents of the drive could be explored. The key features are found in the two folders; "Movies" and "Seagate". All of the Paramount Pictures' movies are found in the Movies folder (44GB worth), and the various utility software titles that Seagate provides are found in the Seagate folder.
Entering the Movies folder reveals the list of titles shown below. All of the movies listed previously are provided in WMV format, and there is a JPG image for each to serve as its thumbnail.
On a new drive where you have not unlocked any of the movies, clicking to play any of them will result in a pop-up as seen below.
Star Trek comes "free" with the drive, but any of the other titles have to be purchased. To get Star Trek you must first register the drive and then unlock the title. The process sounded pretty straight forward and not too unreasonable, but at this point (a few days later and with an hour plus invested) I still haven't seen a single second of the movie.