I been streaming netflick on my PC with 22" monitor and the quality is getting better, but still looks like crap. I can't image seeing this on the 40" tv. Maybe my eyes got use to blu-ray, so the saying is "one you go blu, you never go back." I get blu-ray from netflick too.
Quaility:
Netflick service is great, I complained years ago and they did some upgrading with silverlight or something and it is almost quasi-dvd quaility now, more like watching divx. So the poster above is right, it is not full HD, they maybe streaming 720, but that is compressed or basicaly upcoverted 480 DVD quaility. Blu-ray Full HD is 1080p. Comcast has a cap on 250gb downloading now. So that is like 10 bluray movies. As bad as the Netflick streaming selection is, they have gotten a lot better. Granted by the time they start streaming, I have already seen it on Blu-ray or dvd years ago. Need to get the new releases streaming faster, but they don't.