Diskless Netflix on PS3

I can finally stop my ranting about Netflix requiring a disk on the PS3. I just got an email from Netflix saying that the player is now downloadable from the Playstation Store. According to the email -

To watch instantly via your PS3 without the disc:

1) Go to the PlayStation® Network section of the main menu.
2) Simply install Netflix from the "What's New" area.

That's it. There's no need to send the disc back to Netflix.

This is especially good news since my streaming disk just got the scratch of death and I was all set to request a new one.