Geez, That sucks! I would"ve expected netflix to utilize flash. :I Like just about everything on the internet does.
Even if it did, it would still be something of a problem - Adobe has dropped support for Flash on ARM, anyway.
Anyways, maybe it could be possible to get the android netflix app on the RPI.. By somehow getting the java-based virtual machine from android, for armnel working on the RPI? Android is linux based, and open source! I"m not really a good programmer, but I"m sure it must be feasible to get it working, so that we could have existing android apps running on the RPI.
It's probably not so easy right this minute, as the Android kernel is still a hacky derivative. My understanding is that it's being merged back into the vanilla Linux kernel at the current time (3.3 should support everything but Android's power-management, which is expected to be in there for 3.4), which would probably help that situation, for those with the ability (unfortunately, not me! ).