I would probably explore that avenue. Add a wireless bridge (preferably also netgear) close to the player, and connect from the wireless bridge via the ethernet port on the player. This will likely be a more robust solution, but no doubt will require some configuration.
p.20 of the manual mentions streaming services, FWIW.
"This player can be connected to a local area
network (LAN) via the LAN port on the rear
By connecting the unit to a broadband home
network, you have access to services such as
software updates, BD-LIVE interactivity and
p.46 will get you started on how to set up Netflix.
I'd encourage you to peruse AVS too to see what other folks have done w/ their networks.
I am trying to find a solution for this issue.
I got the LG BD550 which is Netflix ready but using Ethernet connection.
It is too far to access an Ethernet point from the Player and I have a Wireless network at Home using a Netgear WNDR3700 RangeMax Dual Band Wireless-N Gigabit Router.
There is an USB 2.0 Port in the Player but I am not sure if this will work for a wireless adapter or is only for photos and video.
Could somebody help me to choose the best way to connect wireless ans stream Netflix please.