The biggest hint about a possible deal came last week, when a survey Netflix had distributed to its members started popping up on blogs (http://gizmodo.com/355607/netflix-movie-streaming-coming-to-xbox-360-and-ps3). The headline of the survey read “Now you can watch movies from Netflix instantly by using your existing Xbox Live account.” And then, the question: “If, as part of your Netflix membership you could instantly watch movies and TV episodes on your TV with your Xbox 360, how likely would you/anyone in your household be to do that?”

http://www.msnbc.msn.com/id/23214808/

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This would be cool... I could get rid of the PC hooked up to my tv.

Something like this would be great. I just cancelled Netflix when they went all Blu-ray, but I'd glad return if they did this.

Yes, this would be FTW, as i have XBL and netflix already

As long as they don't send the movies in 720p like they do now on RedLight360. If they sent you wnat you get on a blu ray disc I would be all for it. Even though I personally like to buy the DVD's.

ill take free 720 over XBL. right now its free at 480

I also hear that Microsoft is coming out with an add on Blu ray player for the 360. I'm about to thorw my HD one in the trash here in a few days.