I can confirm yes.
Netflix is so stupid to don't give formuler boxes license.
So it won't work. It's due Netflix, not formuler.
In the market app you can download netflix and control it with a mouse and keyboard or so. And yes is 720p. Not hd.
But it's not a big problem. The last 15+ years all tv's are with netflix on it.
And all almost all people bought the last 15+ years a smarttv so has netflix.😃
as per my knowledge, it's locked at 540p max, not 720p
