Read all about it

http://news.vgchartz.com/news.php?id=2411

As far as I've heard, the reviews for NXEflix is VERY glowing.

Chalk up another massive plus for the X360.

I am a big fan of Netflix and Frankly MS is making good decisions lately. Well played.

I cannot wait for this. Game rentals, TV shows (old simpsons, I can finally watch Lost, Sopranos, Band of Brothers etc...) not to mention like 12,500 movies.

The HD service is expected to be around 4-6mb/s iirc. That's quite low - nowhere near Blu Ray or even HD-DVD transfer rates.

I don't think anyone is claiming it will be the blu-ray quality. But it is good enough for most content and you can view them whenever you want without having to go to a store or wait.

I dunno, perhaps I expected more - but the practical problem is that not everyone has 20+ mb connections.  Can't wait for the days of 50 mb/s  streaming services, which should happen eventually.

I'll bet Star-Scream's cup is always half empty.

http://www.engadget.com/2008/10/01/playon-media-server-streams-netflix-to-ps3-xbox-360-today/

If you do it this way you don't have to pay for Gold. You do have to be a Netflix Sub. You won't get HD until they launch it for everyone.

O and it works with the PS3 and Xbox

It's kind of a pain in the neck to use this though because you have to set things up on your  PC first and have it running.