I just don't understand the statement "It complements NetFlix well in that regard too." in the context of your previous comment. Hulu+ complements Netflix in a different way than it complements iTunes. While Hulu+ offers a way to get a lot of iTunes content for a flat monthly rate (albeit with commercials), Hulu+'s advantage over Netflix is getting newer content.
My meaning was that both fill in the "current season" gap that Netflix has.
The point was that for most TV shows the viewer is likely going to watch the entire series not just the current season. The GP's point was not that the back catalog is available for free in a clunky way, but that that most viewers won't care about old episodes. `