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If it's just "entertainment" I don't mind services like Netflix. In fact, I don't even regard this as "renting" -- I think more of the service than the content.
But even for movies there are some I know I will want to revisit, and I buy them on DVD.
When it comes to reading, a far greater proportion falls into the category of "probably wanting to revisit" and I'd much rather buy it and have it permanently available.
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