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I don't have anything against netflix, but I was planning to get it for another few months and decided against it because of the price hike and the dearth of new stuff since my last subscription.
I suspect netflix has been giving people a incredible value for their money up to this point, while growing the content selection. You have a kind of chicken and egg problem. You need a broad subscriber base to be able to afford content and for negotiating purposes on the price of the content, but you can't charge full price when your selection is weak sauce. So they gave us a bargain for years, and now it's time to pay for what we're getting. They certainly didn't sell that idea very smoothly, as jersey noted. Not that it would have helped much.
The downside to the "unlimited" streaming model is you pay the same whether you are consuming 10 hours a day or just a little content every weekend, so the light users are subsidizing the heavy ones. When it was basically free on top of the disc plan, folks weren't as likely to complain about that imbalance. With the price increase, the burden-to-use ratio feels less just.
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