Ok, I'm a little behind the times here but basically you would be able to watch a movie on your phone? For me it's use would be that I could transfer the movie to watch on a big screen tv, not sure I would want to watch a movie on a phone, I might get a headache!
>Whoot!
>
https://market.android.com/details?id=com.netflix.mediaclient&feature=search_result>
>..well that was about the only thing that WM7 had going for it over Android :)