This is pretty cool--cool enough to make me wish I had an iPhone. Netflix has updated their iPhone app, and announced that they are adding video-out capabilities, though it will only work with the iPhone 4 and iPod Touch 4G models.
That means that Netflix customers can use the free iPhone app to push television and movie content to a larger device--say, a giant flat-screen television. Note: you will need an adapter, sold by Apple, in conjunction with the app.
If you already have an Internet-ready TV with built-in Netflix capabilities... then this won't be very exciting news to you. Ditto for those of you with Blu-Ray players or video game consoles that offer Netflix streaming.
But if you're among the millions and millions who don't own such a device, then this announcement is reason to jump for joy. It takes the Netflix-on-iPhone experience from a solitary one and turns it into a group affair.
Now you can gather around the living room and have your family movie night powered by a smartphone and an app. Nice.