I think Netflix is moving into the direction of having all movies accessed via instant watch, but with licensing restrictions right now, it's not something they can do legally. There are a handful of films that you can watch on the computer or via the Roku that you're not able to watch via the Xbox, BUT, if you have a subscription with them already, it's only a plus since there is absolutely no charge for it. When they added instant watching, they did not increase their pricing, so this is just an added bonus.
As for the new releases, if you belong to Netflix, you're already getting hard copies in the mail. Keep the new releases in your queue and they'll automatically keep sending them your way as they receive your DVDs back.
They do offer a plan that only allows 1 DVD at a time with a minimal of 2 exchanges in 1 month. If you have this plan, you are limited to 2 hours of instant watching per month. I don't know anyone who has this plan, but it's the only one that limits instant watching. All other plans come with unlimited watching. There are really a lot of great titles that are available, IMO. Unless you're one to watch EVERY movie at release, there have to be movies on the list that you'd enjoy but have not seen. They also include a lot of TV shows. I got involved in the British program of sitcom, The Office, which is better than the American version and I also have come to love Dexter.
I've stopped buying DVDs, too. I looked at the 100s upon 100s that I've purchased (that's not to mention all the money invested in the VHS that are trash now), and I ask, when will we really watch these again? The answer is probably, NEVER. Of course there are always going to be mega hits that are must buys, but for the vast majority, that's not the case. With Netflix, you can start a movie according to your own schedule, watch anything on their list 1000 times if you want, etc.. If you have the subscription anyway, you have nothing to lose.
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