Here is my assessment of Netflix streaming exclusive service - if you are willing to accept a B- service for $7.99 a month its a good deal. If you expect a $50 value for $7.99 its a bad deal.
Netflix is worth it to me, it doesn't have everything I want but it has enough. It's not expensive at 7.99 and I share my account with a friend and my brother and I have never ran into issues of "too many devices using your account". When you consider people with a family can share it with their children and spouse that is what makes it a great deal. It has tons of kids programming so that is where the program excels, $7.99 a month to keep your kids entertained is a bargain for many of you I am sure.
Plus it supports a company on the rebound, the entertainment industry needs netflix (pumps over a billion a year into the industry, more than hbo) and people like me who would just be torrenting everything otherwise makes this a great way to pump some money into the industry. Few people would consider this as something that matters but to me it does. Plus with it beginning to produce original programming and revive dead shows (arrested developmental and the rumored revival of Jericho) it will begin to serve a role about as crucial as HBOs' in the industry.
Sure its' cool to support the runner ups in Hulu Plus or Amazon Prime but Netflix will serve everyone best if it is a juggernaut, it will produce more shows and get more licences for streaming. The online streaming industry is one were competition is bad, Fox provides its programming to Amazon Prime but not Netflix, other studios and networks to netflix not amazon prime. Who loses? Both sets of customers. If everything was in one place on Netflix and all the money ran through them it would allow the customer to get a much better product and with that it would continue to grow and feed more into the industry. Netflix has the potential to have 100m subscribers and pump 6b+ a yr into the industry but to do so it needs to be a monopoly.