Exactly. Everyone is going on about grain quality but are in fact comparing wheat and spelt (if I may). What matters to Netflix is the bandwith/quality ratio,

Exactly. Everyone is going on about grain quality but are in fact comparing wheat and spelt (if I may). What matters to Netflix is the bandwith/quality ratio, that’s it. Removing noise before and adding it in software at playback time will produces a significantly better result, at similar bit rate. Because compressing noise produces horrible results.