$0.99 per episode is still too high... unless I can download a copy too. Now maybe $0.99-$2.99/series/month if it's uploaded no more than 30 minutes after it ends live, is in HD, is commercial free, and I get to watch previous episodes whenever I want (no downloading is fine if it's monthly)
Hulu is decent, but the media companies still screw it over. Netflix is crap unless you want to watch older movies. Let's see what Youtube can do.