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Filed under: Apple Inc (AAPL) , Netflix, Inc. (NFLX) , Blockbuster Inc 'A' (BBI) Could this be the next logical step in the video war between Blockbuster (NYSE: BBI ) and Netflix (NASDAQ: NFLX )? A report contends that Netflix will soon offer its " Watch Instantly " video-streaming feature for the iPhone and the iPod Touch, as well as the Nintendo Wii gaming console. Netflix already allows subscribers to manage their movie queue and search for movies via their iPhones, so watching

The rumor mill is cranking up again, and this time it has Netflix "Watch Instantly" movies streaming on the iPhone and Nintendo Wii. The Nintendo Wii part is believable, because we're already enjoying Netflix streaming in HD on the Xbox 360 , why not one more console, even if it is standard-def? Netflix on the iPhone is a completely different story. Good luck getting AT&T to agree to people sitting around watching movies all day on iPhones via the company's lame 3G network. Over wi-fi? T

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