Yup. Part protest and part just not worth that cost to me.
I used to pay $16 a month for 3 discs at a time with streaming. I decided it wasn't worth it to me, so I dropped it down to 1 disc + stream for $10. So 1 disc + stream for $16 definitely isn't worth it.
Last fall we took a break from Netflix for "a month" because we were so busy. That month became 2, became 6... and I can't say I missed it that much. It was nice to focus on something other than rapidly processing netflix.