What is Neitz and why is it important? My inspiration: http://mekubal.wordpress.com/2011/03/14/at-long-last/#comments
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Netz is a misnomer for hanetz, i.e. hanetz hachama, sunrise. It's important as the earliest or best time l'chatchila to do various mitzvos, and as a marker used in computing other z'manim.