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I was paying $17/month for a 4-disc plus unlimited streaming plan. I've been on that plan since I first subscribed to Netflix shortly after they went into business. It's a plan that is grandfathered and the price has never changed that I recall.
I looked at my rental history. Six discs have been watched in the last 14 months. So for me, staying on the same plan would have meant paying $25/month (and has been stupid for a long time).
So for me this is is a massive price cut since it finally got me to move into a plan that actually matches how I use the service (all streaming, all the time, and a lot of it). I never used Netflix for new releases and the great thing about it was how it finally broke me of that, since when I was in video stores I rarely made it past the new releases shelves.
So I'm fine with it all.
Plus, Netflix doesn't want to be in the DVD mailing business anymore, so to the extent it drives away DVD users I'm sure they're actually happy.
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