I've been doing this for TV shows since long before Netflix streaming existed - I would wait until a season (or show) ended, and then rent the entire series from Blockbuster, one disk at a time.
I don't always have time to watch shows regularly, and it's great being able to do it at my own pace. Plus, I'm impatient when it comes to cliffhangers[0]
[0] This sort of behavior can be very lucrative for Netflix. Many episodes of Weeds ended with cliffhangers or twists that caused me to watch an episode or two more at a time than I'd originally planned. To a lesser extent, Orange is the New Black (also created by Jenji Kohan) used the same technique as well.