Netflix streaming launched on the Xbox 360, but the PS3 and the Wii has just upped the annie in terms of functionality.
In addition to removing the need for a disc to be inserted into the drive to watch streaming TV shows and movies, you can now search for content directly on the consoles, negating the need for a computer to add items to the instant queue. The PS3 Netflix application also received the ability to stream some shows and movies in 1080p HD video with 5.1-channel surround sound.
The Xbox 360 is set to receive an update any day now and should add the above functionality to their Netflix application.