Wow. Check it out. It looks like Playstation 3 owners will be able to stream content from Netflix as early as November. This is huge news for me, as my household doesn’t even subscribe to cable. We get pretty much all our programming from Netflix and from Hulu. Now there’ll be no more waiting for the discs. I know that Netflix only streams a small percentage of its content, but we’ve seldom used it, since we were unable to watch the programming on our big LCD screen.

The cool thing is that Playstation 3 owners won’t need to pay Sony a fee in the way that XBox 360 owners have to pay for “Gold” tier XBox live services – the Netflix streaming is provided by popping in a custom Blu-Ray disc shipped from Netflix. It’s odd that a disc is required, but Michael Pachter says that it’s likely to explot a legal loophole in Netflix’s deal with Microsoft – having a disc required means that it’s technically not a feature that’s included with the Playstation. Whatever. All I know is that I’ll be able to stream Netflix. It’s good news now that I hear Hulu will be charging for streaming content as of 2010.