You’ve been praying for it and now at long last Netflix streaming will be available “later this year” on the PS3. Just like the Xbox 360, it will be free with the $8.99-a-month plan. But with the PS3, you’ll enable Netflix via an “instant streaming Blu-ray disc.”
The free disc will activate Netflix via BD-Live. You’ll have to load up the disc every time you want to use Netflix for now. You’ll be able to order movies and do all of the other stuff right on screen without having to do it on your computer first.