This was it for me as well. I realized I spent more time browsing the catalogue trying in vain to find something good than I did time spent actually watching things. The way it went is I think "I want to watch X", then realize Netflix doesn't have X, then spend 2 hours mindlessly browsing the catalogue for anything that might scratch the X itch and eventually give up then watch half of something else before quitting.

Now I just torrent X and watch it.