Netflix debuts on the iPhone

Netflix has hit the iPhone. iPhone and iPod Touch users can now stream their favorite Netflix videos.

The popular video subscription service just updated its Apple app to support the iPhone and iPod Touch, which now join the iPad in offering streaming videos. Netflix members can download the free 1.1.0 version to watch their favorite TV shows and movies.

The Netflix app lets you access your Instant Queue to view videos you've already saved. You can browse by genre or search for specific titles from the service's growing library of streaming content. You can also stop a video and then resume where you left off, whether you're watching on your iPhone, your computer, or your game console.

To tap into this app, you must be a paying Netflix subscriber (plans start at $8.99 a month) or set up a free 30-day trial.

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