Would you be able to go without cable TV if you have Netflix?

There is nothing good on TV anymore. I am getting disgusted with it, and with the high cost of cable, so I have been toying with the idea of just getting Netflix. I have never used Netflix, but recently when I went to visit a relative out of town, she only had Netflix. We watched Judge Judy in the morning and The Tudors at night, and it seemed to have everything on it that I would want, except maybe the local news. What has been your experience with Netflix? Does it have enough variety to keep you entertained?