I dunno...I find the selection to easily surpass what I'd find available on basic cable on any given day. If it cost $30-50/mo (or whatever they charge for a pretty basic cable package these days) I'd reconsider but for under $10/mo I find it to fill that gap of "something to flick through and find something I wouldn't mind watching" quite nicely.
Don't get me wrong. I'm a subscriber and will likely continue to be. I agree that Netflix is a better deal for the consumer than most cable packages, but they're constantly competing for content with Hulu, Amazon, HBO, YouTube, etc.
YouTube and Twitch have grown to become about 90% of my video consumption. The increasingly cheap pro-sumer quality A/V equipment and software have made the production values go up significantly in recent years, making the regular production of high-quality shows much more viable.
