The first Netflix player has been released and it looks like a really good start. It's called the Netflix Player by Roku.
Check out a review here at CNET
It's only $100 and then whatever your monthly Netflix subscription rate is. So in essence the movies you download and watch are "free".
Box has HDMI and component out and it's also wireless or can be connected to a network. Video quality is so-so, but you're streaming instantly off the web so it really depends on your broadband connection speed. The CNET review has more details.
Again, I say a good start. They will improve on it soon and in the not too distant future HD movies will be available instantly too. In years to come this will be as common as any technology you can think of. We'll say "remember when we had to go to the video store (or receive them via mail) to rent a movie"?
It'll be here before you know it.
-Blake
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Who Am I?
I also created the Streamy and Webby award-winning web series PINK, which to date has been viewed online around 10 MILLION times at places like YouTube, Hulu, Koldcast and TheWB.com. And speaking of TheWB.com, I also produced and directed an online thriller for them called EXPOSED. It was released summer 2010. And most recently I created a new online sci-fi series called CONTINUUM, which is part of the online indie TV network JTS.tv - Just The Story and NOW available via VOD through indie platform Distrify.
Oh, and I don't shoot weddings. Thanks for asking though.