While Netflix has had support (whether legit or not) for Android tablets for quite a while, there is one thing that can definitely be said about it: the interface was crap. Sure, it worked out great on the phone, but a lot of valuable screen real estate and key components of Android 3.1+ were going to waste on tablets. I guess the Netflix team realized this, because an update has been pushed to the tablet interface that fixes most of the aforementioned issues.
It's true - I love B-Rated horror flicks.
The redesigned interface is very similar to the TV version, offering quicker access to your picks, instant queue, and more. The update happens behind the scenes (the beauty of HTML5), so there's no need to even update the apk itself -- just launch the most recent version of the Netflix app and you should see the new interface.
[Netflix; Thanks, Wes!]