Coming to an iPhone, iPod Touch, or Wii near you!!! This is great news for my family. Will likely only be WiFi, however.
A new player is about to enter the arena: Netflix itself, who intends to bring "Watch Instantly" video streaming to the iPhone/iPod touch and the Nintendo Wii. At present Netflix streams over 12,000 movies and TV shows over a large variety of devices including Intel-based Macs.
Todd Spangler of Mutichannel.com speculates, and I agree with him totally, that when released, streaming will be limited to Wi-Fi only.