071508_an_xbox_netflix.jpgAt Microsoft's press conference at this year's E3, the company sounds like they have teamed up with the boys at Netflix to deliver instantaneous movie downloads via online queues right to your television. Sounds like a smart move, definitely, but we do wonder about the quality and bandwidth issues for real time streaming. If they get it right, however, say good-bye to DVD's and Bluray rentals (given Netflix releases high definition downloads too).

"The arrangement Microsoft Corp. announced Monday at the E3 Media & Business Summit in Los Angeles will give Netflix's 8 million subscribers another way to stream movies on a TV instead of a computer."

[via Google AP]