I would hope this would include the Xbox 360 also, personally I am more excited about the 5.1 sound part. I don't use Netflix that often on the Xbox but the Stereo only audio is very distracting.
Netflix to get 1080p streaming later this year...
by Josh Lowensohn
Netflix subscribers with HDTVs and streaming boxes have something big to look forward to in the coming months. CNET has learned that the company plans to roll out 1080p streaming with 5.1 surround sound later this year.
No details are known on the timing of release, how much content will be available in 1080p, or how much--if any--extra bandwidth will be required.
Netflix's current (though unofficial) requirements for streaming 720p HD content on an HD-compatible box such as the Xbox 360, PlayStation 3, and Roku box are 7 megabits per second to 10Mbps. Presumably 1080p, which is a little over twice the resolution of 720p, will require more speed.
Netflix uses Microsoft's Silverlight technology for its video-streaming service. Microsoft rolled out 1080p smooth streaming support to Silverlight in March of last year. One of its first, big commercial uses was in Microsoft's own Zune Marketplace video store on the Xbox 360. It's also being utilized extensively later this week to stream the 2010 Winter Olympics on NBC's Web site.