The interesting thing is what they will do with SOHO. Will they let people watch progammes like Game of Thrones for a cost per episode? Of course SOHO is made up of content form 4 different cable tv channels in the US which all charge a fee and a lot of that content doesn't appear on netflix etc.
Will allowing people to watch single episodes/series result in a decrease in downloading? I actually don't think it will much, as 0 is the best possible price.
As an aside I totally get the use of netflix etc as you are paying a fee but how do people feel about accessing taxpayer funded content (BBC iplayer) when they are not a resident/citizen of the country? How can you complain about any government funding in NZ or those who access it when you are doing the same to another country and not telling the truth about who you are.