Netflix is ditching its 5-star ratings system for a simpler thumbs up and thumbs down rating system, much like the one found on YouTube.
A company spokesman said the 5-star system feels very "yesterday" and the thumb system is expected to get 200% more ratings. (Variety)
I don't know how I feel about the thumbs... but basically everything on netflix is either 4.5-5 stars, or 2, and if you get a 2 on Netflix you know it's bad...