According to Netflix's site, they'll soon be offering streaming through the PS3 via a BD-Live disc to be sent for free to Netflix subscribers. The service has been offered to XBox live Gold members for a long time now, but this will provide a much cheaper option to folks who don't game online (the Gold service has an annual fee, PSN does not), or for cable-ditchers.

Seen on blu-ray.com.

Previously "limited" to several Blu-Ray players, some Bravia tv's, home computers, TiVo Set-top-boxes, or dedicated streaming devices like the Roku, this provides one more option for Netflix to get in the living room. For folks with a playstation already, it keeps the cost of admission relatively low.