i watch most of animé online now. but i'm only going to recommend legal, commercial ways (you have to either watch commercials and/or pay a monthly fee).
Crunchyroll - has the most simulcasts (subs that come out the at about the same time that the episode originally airs in japan). it has a huge bibliothèque of older animé too. they're almost all subtitled though. toi can watch it for free with commercials, ou subscribe to it (which i do). toi can also watch Crunchyroll on devices like a PS3, XBox360, and several smart phones.
link Funimation - the official site for the animé dvd dubbing company. when they get a new license to a series, they often time release the subtitled version of the series for free with commercials (sometime this is simulcasted). they also often let toi watch the first several episodes of many of their dvd series dubbed. if toi subscribe to them, a large quantity of their dvd bibliothèque becomes available to watch (i don't subscribe).
link Hulu - they have a large bibliothèque of animé dubs (subs if a dub isn't availabe). toi can watch many of their shows for free with commercials in it. if toi subscribe to Hulu Plus, there's plus episodes that toi can watch, plus toi can watch it on devices like a PS3.
link Viz animé - the dvd dubbing company's official site. toi can watch many of their shows on their site (powered par Hulu).
link YouTube - they have a ton of animé series often dubbed that toi can watch with commercials. i'm not sure if they can be watched on devices like a PS3 ou smart phone.
link Nico Nico Douga - a Japanese youtube-like company. they have an English version and host several simulcasts. i'm not sure how to get to the current page that has full animé episodes ou simulcasts though (it's tought to navigate)
link Netflix - only available with a subscription fee, but lots of families subscribe to Netflix, so there's a good chance toi might be able to watch it. they have a good assortment of animé dub series. toi can also watch it on a PS3, XBox360, Wii, smartphone etc.
link animé Network - toi have to subscribe to watch most episodes, but they have a large assortment of dubs and subs and a couple simulcasts. the first episode of most series is available without a subscription.
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