Netflix announces Watch Now

Yesterday Netflix announced a new service for subscribers: PC movie streaming. There is no extra charge and you get as many hours as your monthly fee. So if you pay $17.99 for 3 out at a time, you get 18 hours of streaming each month. Check out this great Hackingnetflix blog entry that has a video preso explaining the new service and much more details. I think this is a great extra they are throwing in for customers, now I just need to wait for my "Watch Now" tab to get activated at the Netflix site.