Deserializing an RSS feed in .NET

Is it practical / possible to use serialization to read data from an RSS feed? I basically want to pull information from my Netflix queue (provided from an RSS feed), and I'm trying to decide if serialization is feasible / possible, or if I should just use something like XMLReader. Also, what would be the best way to download the feed from a URL? I've never pulled files from anything but drives, so I'm not sure how to go about doing that.