My le pan ii has performed well streaming Netflix, with no skips, glitches, or artifacts. Inexplicably some much lower resolution YouTube videos have skipped and stalled, then displayed the message "this video not optimized for mobile". I think that must just be a YouTube specific problem.
Just a note to those using NetFlix.
While I am not using a LePan I did run in to a situation with Netflix that you might need to know.
I have a Vizio VTAB1008 its internal memory is about the same size as the LePan. I used AndroidAssistant to move the NetFlix app off the tablet on to my MicroSD card to free up space on the tablet.
When I tried to play NetFlix the Video and Audio were out of sync. On every video. I moved the NetFlix app back on to the tablet and it works perfectly.
Having the NetFlix app on the SD card causes a delay on the sound. So leave it on your device.