I think it's better than netflix because:
1. Signing up for the server is cheaper than Netflix.
2. There's more shows and films (although obviously not everything) to choose from.
3. No national restrictions.
4. If a current series is airing, the episodes are added pretty swiftly. Unlike Netflix. For example, I am watching the latest episode of The Blacklist. I can't do that on Netflix, even if it does eventually end up on there.
I only just signed up to it, but I really think it's a great platform and server.