I have not used the CEC/ARC method to get audio from TV. It's my opinion that a good source device will always have better audio.
That being said, the AppleTV uses a tiny switching power supply that is built into the AppleTV unit itself. The power cord is really just a normal A/C power cord with a different plug on the AppleTV side.
If you really want excellent audio/video from a Netflix streaming, I would recommend getting a Roku Ultra streamer and then buy a nice linear power supply to replace that switching "wall-wart" power adapter. The current Roku Ultra uses a special size 4.75mm x 1.7mm DC plug, so you would have to ask the linear power supply company for a custom cable (such as Teddy Pardo or Farad or Teradak). Even a cheap china Teradak power supply would give you excellent results.
That being said, the AppleTV uses a tiny switching power supply that is built into the AppleTV unit itself. The power cord is really just a normal A/C power cord with a different plug on the AppleTV side.
If you really want excellent audio/video from a Netflix streaming, I would recommend getting a Roku Ultra streamer and then buy a nice linear power supply to replace that switching "wall-wart" power adapter. The current Roku Ultra uses a special size 4.75mm x 1.7mm DC plug, so you would have to ask the linear power supply company for a custom cable (such as Teddy Pardo or Farad or Teradak). Even a cheap china Teradak power supply would give you excellent results.