Below is the web link to the e mail update I just got from Microsoft.  There was a Joystiq/Engadget story the other day that the upcoming update on August 11th will NOT include the ability to add movies to the Netflix Instant Queue as originally promised.  (This is one of the things I was most excited about, so I was disappointed to hear that.)  If you click the "Check Out All the Improvements" link, it confirms it even further:  The ability to add instant queue movies right from your 360 WILL be present. 

http://ebm.email.xbox.com/c/tag/hBKfMcLAlyGDmB7ulK3AsBUf$RD/doc.html?t_params=I_CELLID%3D158351%26I_USFOOTER2%3D1

I'm sorry if this has already been posted.  A death in the family this week has kept me out of the loop for the last few days. 

That's great news for netflixs users.

im in love with xbox live
thanks for posting this

Yes, it now has that. You should have signed up for the Preview Program, you could be using it right now.

I am   It's so great!

Awesome, can't wait!

Netflix needs to do what it can to kill it.