1. It requires an update from 4.2 (maybe sees missing/mismatched IOS?) 2. It does not install a channel for use on the Wii. 3. Scrubbed it takes up around 110MB 4. It DOES work just fine with CFG USB Loader. 5. It DOES require a paid netflix account (1 disc out plus streaming plan at the very least) 6. You need to request the disc in order to receive it. 7. Netflix has to have sent you the disc for you to enable it through the web portal. So just downloading the disc image, having a Netflix account, isn't enough. How it works: (Thanks Arm73) First , you run the software on your Wii. Then it connect itself to the Netfix servers and gives you a code, telling you to go to netflix.com/wii , and insert that code on your PC. Follow the instructions, and then netflix will activate your 'instant streaming device' as they call it, which is the Wii. You are all set to go ! Since yoy already have an account it logs in into that and shows you your queue, personal favorites etc. ... It even keeps track of your viewing history so you can resume something that you were watching on your PC ! More facts to come as they roll in. Feel free to post/discuss/submit facts.