Yes it does. I grew tired of having to pay for full service just to watch the half dozen or so channels that I enjoy. It was especially aggravating to be forced to buy a separate package to watch, say, the Military Channel, a separate package for National Geographic and so on. Customers have been demanding a la carte since the beginning of cable and the cable companies have steadfastly refused to offer this. Now they're paying for this refusal.
While Netflix is still in it's infancy, I've gotten very used to be able to select from a wide range of content and watch what I want to watch when I want to watch it.
I dont think in the terms of channels. I think of in terms of shows.
Channels are a waste of time, carry vulgarity and do not have room in my house.
Shows that I choose, OTOH, they are welcome.