Got the streaming disc last night, messed around with it for a few minutes. I've never used Netflix on XBLA, but I'm guessing it's the same aside from having to use a disc. Tons of movies available, most are crap, but there are a lot of documentaries and foreign films that I was interested in seeing but never got around to. You don't have to do anything on your computer, you see a movie and press X and it starts up.