Bit late to make this point perhaps, but I think one point of contention is that what people consider acceptable as video quality varies widely. One of the reasons I'm still not keen on streaming is because the quality is (noticeably, to me at least) considerably lower than what you'd get from a BD. I mean streams might ostensibly be "1080p" in that yes, the resolution of the image is 1920x1080 pixels, bit that doesn't take into account bitrates - A BD50 can hold 50gb, but when I stream a movie from Netflix it certainly doesn't download 50gb of data to my PC. Hell, digital "HD" movies you buy from iTunes or Amazon seem to be about 1-3gb in size, which means they are incredibly compressed compared to Blu-ray with all the artefacts and banding that compression inevitably entails.
A lot of people are clearly fine with streaming quality for their media though, and I don't think they're wrong to think that - "You can't always get what you want" as Mick Jagger once sang* and while the video quality of certain releases might be disappointing to me, I realise that to a lot of people they will be perfectly adequate. And to be fair there's always been the trade-off of cheaper squeezed onto more discs western releases vs. more expensive but better picture quality Japanese releases with TV shows as Lemon pointed out.
*Also "I can't get no satisfaction" and "War, children, it's just a shot away" which are probably equally applicable in these kinds of discussions.