VPN can sometimes be pretty sluggish in performance depending on how many people share the same "gateway". I tried hulu with VPN some time ago on my laptop and got it to work (more or less). If you want to give it a try, check out hotspotshield which is free. If this doesn't work for you (performance wise), you may want to give the paid services a try. I don't know about their performance, though.
Another one you can try is using a proxy (allthough I don't know how to set that up on the ipad). But hulu did recognize that I was using one (which is why I tried hotspotshield). But this may still work for Netflix.
And, last but not least, hulu states on it's webpage that you can submit an e-mail where you can tell them that you're an US citizen overseas (or so). May also work with Netflix.
Hope this gets you further :-)
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