Stream Netflix movies through PS3(Playstation 3)?

[any ANONYMOUS forum user]

We are Netflix customers and have a Playstation 3. We would like to stream movies from Netflix to our television and have received the DVD from Netflix that will allow us to do so. I'm basically just waiting on the 50 ft ethernet cable. My question is: Are we only going to have access to movies that are "Instant Play" on the Netflix website or will we be able to watch any Netflix movie available?

My husband's coworker has some sort of "box" that supposedly allows him to watch ANY Netflix movie on his television instantly. Is there something additional we need to purchase, or will we have these same capabilities with our PS3? Thanks!