I have heard both yes and no on this
Some say no, that the browser cannot support netflix, but that the netflix company is working on a program that’ll work on the iphone and ipod touch.
However I’ve also heard you can if you set up your ipod or iphone to remotely control your desktop at home, then view a netflix movie on your desktop while streaming the video from your desktop, over the internet onto your ipod or iphone. You need IE 6 to view netflix, so can you download netflix streaming onto a desktop with IE6, then stream that video onto opera or safari software on the ipod or iphone?