Installed the app just now. I went to the 'What's New' section of the XMB, and there was a Netflix icon linking me to a PS Store download.
Once installed I gave it a quick try, and just about everything is an improvement over the streaming disk. It loads faster, you can fast forward and rewind faster, and it starts playing your selection more quickly. Just about an improvement in every way. I am very glad that the exclusivity agreement with MS expired. It was a long wait, but it was worth it.
PS Network: HZR
Xbox 360 Tag: HZR Nam 75
Wii Connect: 7793 3308 1436 9373
I support cycle commuting.