CNet had this to say about the BDP-S360:

"Sony's entry-level BDP-S360 is typical of the new breed of Blu-ray players. It has the basics covered, with Profile 2.0 support and onboard decoding for Dolby TrueHD and DTS-HD Master Audio Essential. Beyond the basics, however, the BDP-S360 doesn't offer much. Unlike its competitors, the BDP-S360 can't deliver any streaming Internet content, such as Netflix, Amazon Video On Demand, YouTube, or Pandora. And while we do like the polish that went into the BDP-S360's XMB-inspired menu system, we were disappointed to see some simple design missteps like the recessed USB port and the lack of an eject button on the remote. The Sony BDP-S360 does have a stylish exterior design and it offers reliable Blu-ray playback, but we have a hard time finding a reason to recommend it over the other options."

Sounds like spending another $20+ to get one supporting streaming and other features (and faster load times) is well worth the money.