Well, I just looked at my Netflix queue a few moments ago to see if they sent me any of the latest releases. Drat! Fucked again! They sent me some second tier stuff. I did not get Surrogates, or Gamer. I am a long-term Blu-Ray renter too! Since the very beginning!
Now whenever I scan down the list of most desirable Blu-Ray releases I see nothing but "Long Wait" and "Very Long Wait". It used to be that I score all the new releases within days of the release. Now you won't see one for a month or longer. This really sucks. What happened?
It's pretty clear that Netflix is suffering a resource allocation issue. They are not buying enough copies of the Blu-Ray to supply their renters. Presuming that this is a smart company, and I think they are, why do you think they've fucked up the resource procurement end? Probably because there are a ton of new subscribers applying pressure to the system. The N00Bs are probably screaming for Blu-Rays as well.
Blu-Rays are still very pricey to buy, and you can understand why everybody purchasing a new HDTV & Blu-Ray player falls in love with the media immediately. Everything else pales in comparison. Netflix is one of the few places you can go where you can (theoretically) rent absolutely anything that has been released on Blu-Ray.
All of this tells me we are drawing nearer ever nearer to the mythical crossover-point where Blu-Ray becomes the user standard, and DVD becomes the obsolete object of scorn. Most folks I know, hate to even plug in a DVD. Netflix needs to recognize this and start supplying the house accordingly.