Netflix introduced a new service that allows you to watch movies online. You have to use Internet Explorer and Windows Media Player to watch them, but whatever; it works.
It is an interesting model they've set up. For each dollar you're paying in to your Netflix subscription, you get an hour of movie watching. So if you're paying $19.99, you have 20 hours of movies you can watch online. The movies you watch, or the time you spend watching them, do not effect your queue or your per-month limits. Not a bad deal.
Now, unfortunately, they are only available as an online stream. You cannot watch them offline. Myself, I like watching movies on my 40 minute, twice a day, train ride. So this doesn't work for me there. Well, maybe they'll come around.