It will not play on anything but the Vibrant and to share any movie including the Avatar is a copyright violation hence it is illegal.
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I thought that I read somewhere that it was fine to share the movie with friends. But it would make sense that it is illegal. What I don't get is how only Vibrant and Galaxy 4G users are the only Galaxy S users who get a free full-length film, while us other Galaxy S owners get nothing (I own a Fascinate personally). I just think it's unfair and we paid the same amount.
I know this is also completely off topic, but the Fascinate is also still the only Galaxy S phone of the 4 major carriers to not have received Froyo.