Yes, the bottom line is that Netflix is sending you code executed on your own machine. You, as the user, should have full access to inspect the executed code. Obfuscated or minified code should only be used as a bandwidth saving device, and not to hide the true functionality from the user. If the browser is seeing it, why can't the user?

Disabling a feature of the user's browser is absolutely absurd. If you want to hide from the user whats going on then that code needs to run on the server.

Can you imagine opening an image in Photoshop and because of some flag half the tools disappear? Yeah, me either, and images don't even run code.