You'd be surprised how much storage space these seed boxes provide for very little cost. And these things aren't VPSs anymore. They're glorified SaaS products that give you Netflix streaming in a box, for less than the cost of Netflix itself. I would recommend doing a "reddit" search on the topic and you'll find many many recommendations and ideas.

Personally, I do it because of the "Netflix effect". Movies and series don't exist if they're not on Netflix (or your chosen streaming platform). And with my kids growing up, I want them to see the good shows and movies I grew up with just as they share the shows they enjoy now with me. I can comfortably say that 99.9% of that media is never offered on Netflix.

Screw Netflix, it's been captured.