[rargulati]

Absolutely agree.

Recently, I've been really impressed by the quality of the streams I'm getting from hbogo vs typical show on Netflix. Hopefully this allows Netflix to push higher quality streams down the pipe.

Or there is a magical setting I'm missing...

[gibybo]

It's unlikely to be the cause of your quality issues, but there is in fact a magical setting for stream quality in the Netflix player. With the player open (but not fullscreen) and streaming a video, press ctrl+alt+shift+s to select bitrate.