The Xbox Live platform is already a great way to watch Netflix streaming, as it's already in many living rooms plugged into many HDTVs. And the quality is exceptional. By adding Hulu, Microsoft takes another step toward eliminating the need for cable or satellite TV. For many, the ideal is to have all the content you want when you want it over the broadband Internet connection you're already paying for.
That doesn't mean it'll be free; indeed, Gear Live's source says it will be subscription based, much as Netflix's streaming service already is, starting at $8 a month. There's a supposition that the Hulu subscription will require Microsoft Points, and it would make sense to us if all the video subscription services got folded under one umbrella to be paid for quarterly, monthly, yearly, or all three.
We're hoping Hulu and Microsoft give us access to the entire Hulu catalog. We're also hoping other deals like this follow. If Live can lasso up ABC, Comedy Central, and a few others, then cable TV could really become deprecated. With the PS3 announcing a hook up with HBO last week, Google TV launching, and rumors of a new, cheaper Apple TV, we see this trend continuing.