I'm trawling through it at the moment, there are a few good films but I imagine that once my trial is over I would have watched most of what I want. It's certainly not a Pirate Bay rival.
The US Netflix is a lot better but I still manage to find a lot to watch on the UK Netflix. Most of the films on there I haven't really heard of, but I like to just randomly watch them, there's some good ones and of course some bad ones lol.