I've never been in the US Netflix, but the Canadian one seems to have a decent amount of content... Not everything, but a lot.
Take the 1 month trial and see for yourself, just set a reminder somewhere to cancel before the month is up if you don't want to continue.
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It's great even just for whole seasons of many great TV series, present and past. Just watched Season 1 of Walking Dead and Dexter, for example. Many old faces in there as well, like Rescue Me, Arrested Development, Dead Like Me and The Riches.
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We've really enjoyed Netflix, although there's some objectionable stuff on there as well.
I've really been enjoying the 20 episodes of "Prison Break" this weekend. I have one episode left to go. Plenty worth the $7.99 a month.