The one thing I'm not ripping are movies. Netflix has changed everything for me. With so much available to watch, I don't care to rewatch any old movies. There's no reason to buy, own, archive, or collect a DVD anymore.
Netflix streaming + apple TV is life changing. I barely ever watch TV anymore (and I have a TiVo HD too). Although I did make an exception for the Bruin's Stanley Cup championship :)
-Steve