Traditional microprocessor-based solutions are insufficient to serve the dynamic throughput demands of real-time scalable multimedia processing systems. This paper introduces a Polymorphic Architecture for the Discrete Wavelet Transform (Poly-DWT) as a building block of reconfigurable systems to address these needs. We illustrate how our PolyDWT architecture can dynamically make resource allocation decisions according to application requirements. We perform a quantitative analysis of our Poly-DWT architecture using an FPGA prototype, and compare our filters to existing approaches to illustrate the area and performance benefits inherent in our approach.