Not sure about the multiple account strategy. Definitely not my cup of tea.
But with VRL near its lows and a 4% fully franked divvy (current price 91.5c), its better than keeping the money in my netsaver or term deposit.
The film industry can do well in a recession. People like escapism....gives them 2 hours away from their daily troubles. Just look at the Wolverine report:
http://www.thewest.com.au/default.aspx?MenuId=23&ContentID=139641