Netflix Price Increase - What Do You Think?

Wow what a way to run off customers! 

Tuesday Netflix sent out an email saying they are increasing their rates as of September 1st.

Currently I have a plan that allows me 1 DVD rental and unlimited streaming for $9.99 a month. They are changing the structure of their pricing so as of September first, I would have to pay $7.99 for 1 DVD at a time and an additional $7.99 for the unlimited streaming. So the new rate is $15.98, which is a 60% rate hike.