To each their own. I enjoy streams as well as Blu-ray discs. I am unable to tell the difference between the lossless sound formats and plain old vanilla Dolby Digital 5.1. As for picture quality, I think services like Vudu and Apple have gotten a lot better vs 8-10 years ago. But I would still say a disc looks better, especially when it comes to things like film grain, dimly lit films and other small subtleties. I remember watching a few of the Harry Potter films on Vudu last fall and couldn't believe how much banding it had in dark areas (using the HDX versions). Put my Blu-rays in and did not notice any banding. And as stated, having the physical discs means no one can cut off your access to viewing the work.
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