If we try to look beyond the obvious that you pointed out, maybe some good will come of this in that the MPAA and studios will see that their content can be delivered through streaming and that they can still make good money.
Here is to hoping at least. I dont subscribe to Netflix and probably wont until I can get the content I want when I want it. All of that falls on the studios and MPAA as I dont buy DVD's anymore. I simply wait to get them from RedBox when they become available. If I can then stream them from Redbox (im willing to pay per movie) that is fine with me.