Film buffs will be prompted to install a new Netflix update the next time they start the popular movie-watching app. Here's what's included in the new update.

Major Nelson is reporting that the latest Netflix update sports four new improvements:

• New Skip Forward/Backward functionality will allow users to "move through movies quickly and between TV episodes easily." It also works with Kinect via voice and hand gestures.
• An added zoom function that will show letterboxed content in full a screen mode. 
• Improved color contrast and darker black levels.
• Cloud profile support that allows you to watch Netflix movies on other consoles (only one at a time).

I jumped ship and started watching Netflix on my PS3 after the last horrible Netflix UI update, so it will be interesting to see if things have improved at all. The boasted Kinect functionality doesn't have me all that hopeful (though surely the stupidly large box art can't get any bigger, can it?), but better color contrast is always welcome.

Has anyone checked out the new update? Is it better? Worse?