http://www.cbc.ca/news/business/story/2011/08/31/blockbuster-canada-close.html
This commenter was reading my mind:
"Blockbuster was pretty awesome in it's day. Remember cross checking someone into the display on a Friday night to grab the last copy of a new release? Today most of you lemmings are extolling the virtues of Netflix...unlimited movies at 8 bucks a month. Netflix can barely deliver dvd quality yet alone blu-ray. Why did you buy an HDTV if you're not willing to give it the fuel it needs to deliver the best performance? And don't get tech on this one...no online service can deliver 1080p/24fps and 5.1 or 7.1 dts audio at an uncompressed (high quality) bitrate...only a physical blu ray disc can do that. Netflix is the fast food of video - why you bought an HDTV in the first place is questionable."
In Canada, Netflix doesn't offer a mail-order service.

I don't want to
buy every BD that I'd like to watch. There is another smaller rental shop near my home - I'll have to check them out. That said, I'll have to keep a lookout for the closeout sale and see what kinda deals I can get.
It's just bizarre that as technology has enabled us to get great sound and picture quality, so many people are opting for worse.