PRNewsFoto/Netflix, Inc.

If you haven’t ditched Blockbuster yet now might be a good time because Netflix is bring out the big guns. First it was the Xbox 360 and now a set-top box with LG Electronics.

With a little help and love from Netflix, today LG Electronics announced the LG BD300 Network Blu-ray Disc Player.

Available this fall, the LG BD300 Network Blu-ray Disc Player will play
high definition Blu-ray discs, up-convert standard DVDs to 1080p and allow
Netflix subscribers to instantly stream more than 12,000 choices of movies
and TV episodes from Netflix to the TV for no additional charge.

Unfortunately the press release is missing two key elements: suggested price and any mention of HD streaming.