Look, let's be perfectly honest, $7.99 a month for unlimited streaming from Netflix is an almost inconceivably good deal for the amount of television and movies you get in return. Sure, they may not have new titles available for streaming the day they hit store shelves, but the back catalog you get access to is, as far as we're concerned, daunting. We think Netflix Watch Instantly is without question worth the cost every month.
There are, however, people who think even $7.99 is too high to ask for unlimited access to a vast library of television shows and movies. Maybe they earnestly cannot afford that much in their recession-squeezed budget, maybe they're just cheap-- whatever the case may be, if you're the type looking to only spend $4 a month on Netflix, but still get 100% of the service, a new website is here to help you. It's called Splitflix.com [via TechCrunch], and no, it technically isn't illegal.
All Splitflix does is offer a password sharing service, and since Netflix allows password sharing for household members, it's not a direct violation. Basically, the way it works is you create an account on Splitflix, who they match you up with someone else looking to split the costs of a Netflix (or Hulu+) account for the same period. Some technowizardry later and you're timesharing a Netflix account. You don't get multiple queues, or separate rating categories. It's the same account, just accessed by two people sharing a virtual household. So if your digital housemate loves crappy movies, a queue that recommends nothing but junk is just something you're going to have to deal with in order to save the cost of a Big Mac (just the burger, not the meal) a month.
Splitflix is actually in a beta trial right now limited to only 5,000 members, so you may not actually be able to get in to try out the service firsthand, but our question remains: Is this really worth it? We obviously don't think so, but we're curious to hear from people who do. Let's ignore the inevitable that both Netflix and Hulu will surely change their terms of service in the not-too-distant future to prohibit this kind of blatant password sharing, and assume you could do this indefinitely. Is it really worth it? Do you really think $7.99 is just too high for an unlimited streaming service? And are you willing to lose your own queue and rating system just to save $4 a month? Why?