By now I'm sure you've heard of the Netflix set-top box that allows you to stream movies directly to your TV. It's a pretty cool device, but to be honest, I've got enough devices connected to my TV, I really don't want another. So the thought of hacking my 360 to gain the same functionality is extremely tempting.
Essentially what this hack does is allows you to stream the Netflix titles from your Vista PC (needs to be Home Premium or Ultimate) to your 360. In case you were wondering, yes, you will need a Netflix account to take advantage of this.
So far it looks like it will be a very useful hack, as I've been waiting around for something like this to be released by Microsoft. When I get some free time, I'm definitely going to look at setting this up for my system.