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What Will You Do in Response to Netflix's Rate Hike?

As you probably know by now, Netflix just announced a change in its rates for online streaming and physical discs by mail. Instead of charging one monthly fee for as many of both as you want (one disc at a time), you must now pay a separate fee for each medium—$8/month for streaming and another $8/month for DVDs by mail or $10/month for Blu-rays, a 60-percent increase for both services together.

In his excellent blog on the subject, Home Theater editor Rob Sabin points out that Netflix's streaming library is missing lots of current, desirable titles, and the A/V quality of its streaming content cannot match that of Blu-ray. For now, he recommends sticking with Blu-ray rentals and waiting for the streaming library and quality to catch up.

What do you plan to do in response to the Netflix rate hike? If you're already a Netflix subscriber, will you keep both options or dump one or the other—or both? If you're not yet a subscriber, does this development encourage you to choose one or both, or will you stay away?

Vote to see the results and leave a comment about your choice.

What Will You Do in Response to Netflix's Rate Hike?