I have an under-utilized Linode instance that could presumably do the same via ssh tunneling, and at about 1GB/movie (incoming and outgoing) it should still be under the transfer limits. Though I was under the impression that Netflix also required a credit card with a US billing address. Not an insurmountable challenge, but I'd have to look at the hassle:benefit ratio if that is the case.
On another note, it's amazing seeing all the movies in here which aren't available in Canada.