The virtues of the Movie Club really depend on what you are looking for. If all you are looking for is the newer material, you would be better off going online (
www.dvdpricesearch.com is a favorite pricing website, though it has its limits, like anything else).
I love the opportunity to obtain movies which are not going to be Megasellers (
Ten Who Dared,
Tonka,
Two Men On The Mountain ... in short, older material). The Zorro series is there if you missed the Walt Disney Treasures tinned edition. I like the Science of Imagineering DVDs, and find that they are less expensive, in the long run, than trying to get them elsewhere, especially if there is a Buy One Get One At Half Price sale going on. And, I must say, I love some the tchochkes, such as the Christmas tags, and it is fun to occasionally indulge in a pin or two, despite not being a rabid pin collector.
After you have met your commitment, you have the opportunity to take advantage of the deals -- Buy One, Get The Rest Half Price; Free Shipping With One Regularly Priced Item; etc.. Like with anything else, you have to keep an eye open for what sort of deal might be available.
Sometimes the pickings and/or deals will be better than others; I have gone for months without purchasing, followed by months of purchasing.
And my wife lights up when we get a new mailing.
So, yeah, definitely worth it for me.