While a list of HD-ready movies is not immediately available, some 300 titles will be ready for HD streaming when the service launches--along with the new Xbox Live experience--November 19.
Judging from the screen grab, it looks like the Netflix 360 player will gauge your Internet connection and decide whether or not your hookup can handle glorious high-definition content.
This is certainly big news for Xbox 360 owners, as no other device has the ability to stream Netflix in HD. Can you hear that? It's the sound of a Roku player crying.