Again, I hate Netflix. Buying is MUCH more convenient, although admittedly much more expensive. To me, the extra cost is worth it. You have to wait 30 days for new releases, I don't. You have to wait for a movie to be mailed to you, I just walk into my BD library and choose the movie I want to watch. You run a much higher risk of receiving a damaged disc, my risk is MUCH lower. You have features stripped out of your rentals, I don't. When you have company over, you have a SMALL selection of BDs to watch, I have a much larger selection to choose from.
Again, I never said it was cheap, it's just better.
As for using the money to upgrade my A/V equipment, I think I'm ok in that department.