You've gotta start somewhere ..
Don't look for Netflix, though. DIRECTV has their own movie service and I just don't see them giving access to their competition. You'll need to use some other device for Netflix.
I would love if DirecTV offered a 'Netflix like' option where you pay a certain amount a month and get instant streaming just like Netflix. Sure there's Download on Demand right now, but that can get really expensive over time, plus you have to download the content, exit out of that screen and go into the playlist screen and hope to god it shows up in there and doesn't show up in history as canceled.
I'd love a streaming option (perhaps a 30 sec up front buffer) for those of us with fast enough connections. Plus non DVR's could join in on the fun (and DirecTV could capture more revenue from non DVR users), as streaming and buffering can take place in RAM, rather than a swap file on a hard drive. Take the Nintendo Wii for example.... there's no hard drive in that thing, but you can still instantly view Netflix titles on it.
Perhaps a movie package where you get 10 movies a month for a discounted rate, rather than the current ala-carte $4.99+ or whatever it is today per film.
But yeah, the YouTube works great! It also proves that the device can stream, as the videos start instantly (note they don't download to your playlist, then you pick them out of there!). Just with the search results were in line with the web search results. Lots of "copy-written" content omitted from the DirecTV search. Many music video searches for example yield lots of cover's or other interpretations to the songs. Do the same search on Youtube.com and you can get the official music video. Same thing with clips from Letterman, Daily Show, and many other NBC / CBS content. Must be the paranoid studios limiting some content to web only, much like Hulu. Not DirecTV's fault, because YouTube embedded in BluRay players filter the search results exactly the same.
Now we just need a qwerty keyboard remote (like Boxee's?) Triple Tap works better than hunt and peck, but it's still no keyboard!