Netflix is horrible even if you disregard all the content and licensing issues.
It's so sad it's almost funny, but I actually subscribed to Netflix purely to watch House of Cards Season 2 - and had to download the pirate rips since Netflix was way too resource intensive and dropping frames like crazy with the HD quality stream.
My laptop, a 2011 Macbook Air, isn't exactly the fastest computer out there, but it can watch 20Mbps+ 1080p x264 files in VLC and MPlayerX without any issues at all. However, Netflix, due to their stupid Silverlight solution couldn't even play 720P quality without stuttering a lot and losing audio/video sync within a few seconds.
It's pretty sad that Popcorn Time, a torrent streaming desktop app built with Node.js(!), with just a couple of weeks of unpaid open source development has become a solution that is both prettier, faster and higher quality than what Netflix has been able to do on the PC with years of development.