Are you a Netflix subscriber?  Do you own a PS3?  Well boy I have great news for you!  Starting this Monday, October 18 you will be able to access, manage, and play Netflix content from your PS3 without the (until now) necessary instant streaming disc.  Oh-ho-ho but there’s more.  Netflix on PS3 will allow for full HD 1080p playback and 5.1-channel surround sound.  Netflix has partnered with Dolby to support Dolby Digital Plus audio for selected content.  In addition to all this, the Netflix user experience on the gaming console has undegone a redesign.  Menu selection and browsing looks quick and intuitive, plus there’s the new option to search!  Nabbing the new version of Netflix on Monday is a snap; scroll over to the Video icon in the XMB and it’ll be sitting there waiting to be downloaded.  Look after the break for a brief video demonstration of the service.

Starting Monday, Netflix on PS3 will be the best way to stream Netflix on your TV.  No other Netflix-enabled box supports Netflix 1080p + Dolby 5.1 surround sound content…yet.

[Via PlayStationBlog; Engadget]