Over the last year or so I have become more and more dissatisfied with Netflix. The problem is not their DVD shipping service, I like that. The problem is their instant streaming service. Many tech journalists will tell you that you can cancel your cable/satellite subscription and just use Netflix. But if you do that, you will be missing many things:
2. Most TV shows that are on air today.
Not to mention that their movie catalog is very small. If you want to instantly stream a movie, I hope you're content with independent and old moldy films. Because that's mostly what you'll get.
As far as TV shows, Netflix only has SOME of the most popular TV shows. Mythbusters? Nope. Chuck? Only one old season. Anything current (like, released last week?) Forget it.
But I've recently been trying to find the movie/show I want on other services besides Netflix. Amazon has a streaming video service, and I found that they have Mythbusters (and yes, even the current in-progress season!) Youtube also has a service that has some of the content you won't find on Netflix. And there is also Hulu and Vudu (not to mention lots of other lesser known services.) And many of those services are pay as you go (meaning, no monthly subscription...you just pay for the shows you watch.)
So I have not yet decided to cancel my Netflix subscription, but I may do that soon. And I am planning to cancel my Cable subscription later this year (after the contract runs out.) These services (and the fact that I don't watch much TV nor many movies these days) make that prospect a lot less scary.