Definitely agree with this sentiment, but it's rare to find this type of experience these days. The enemy isn't Netflix, but the theatre owners themselves.
Multiplex theatres are now often shaped like a shoebox, long with a tiny screen at the end, usually the product of larger more beautiful theatre simply being subdivided right down the middle.
Around the world, the art of projection is also almost completely dead. I can't stand going to the theatre and seeing 2:35 films projected onto 1:85 screens with no matte creating grey bars top and bottom. I may as well be at home. And just recently I've noticed a trend of 2:35 trailers being showing on the pre-show 16:9 projectors so they can mix in ads for candy bar all the way till the end, often resulting in trailers for the latest blockbusters being screened on a tiny portion of a larger screen.
Also I really couldn't care less about theatres trying to make me feel like I'm at home on the couch bringing me snacks and drinks. The "event" aspect is what is missing from the experience. Great projection and great sound with a large screen. Precious few places around the world offer this experience these days.
So many great films that haven't made it on to streaming yet. This service looks great and was really keen to check this out. For many around the world though we get this: "FilmStruck is unavailable in your current location". Perhaps in its new incarnation they can open it up to everyone? There'd probably be a much larger audience to keep the service going worldwide.