Thanks, and (before people start bashing me for being too lazy to look it up) I know that I could just look it up, but the OP is supposed to be as helpful as possible in describing the deal and providing a way to get to it.
Yes, it lacks Netflix and other streaming services.
The new version, also called (confusingly) the WD TV Live, includes the streaming capability of the Plus, and the new menu style, in addition to some other features. Essentially the same as the Live Hub without the file serving capability.
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