Just wanted to let people know that I am currently working on getting Netflix to run (And run smoothly) on a Raspberry Pi using Raspbmc.
So far, I do have audio and video playing, quality could be FAR better, but it is working.
How I am getting it too work so far:
PlayOn server (This is required, but there is a 14 day free trial, just download it and use it)
IR Remote, I am currently using a standard Windows remote that came with a Zotac E-450 barebones PC
Class 10 SD Card, or a slower card and a fast USB Stick (Initial testing done on SD Card, testing SD Card/USB Combo now)
MPEG-2 License (This is for playing the Playon stream)
It is a fairly standard setup, I will be posting a step-by-step on my blog, and can link that here.
There are some minor issues with quality, and if you do not have a wall wart with enough amperage it gets very stuttery.
Also, please note that the Playon server can stream Netflix, Hulu, bunch of other things to any DLNA compliant device. It is limited to 480P streaming, but better then nothing. Definitely worth the $40 (on sale) if you have other XBMC HTPC's and want to integrate Netflix right into XBMC.