I did it!
I watched 207 movies in 2007. The list of movies can be seen here.
I actually have 209 movies on my list because there were two movies that I didn't get a chance to finish and couldn't get my hands on them in time, so I watched two other films.
What's next? Watching The X-Files: The Ultimate Collection before June 25, 2007 (i.e. before XF2 comes out).