I guess I'd rather see them dump the whole series at once. If all the other stuff they have isn't enough to get subscribers to stay, then it wasn't worth the show in the first place.
And maybe I'm underestimating the time it takes to get a show moving, but it seems to me like Netflix has certainly taken their sweet time in getting original content made. Even something like someone above said, about getting vbloggers and such to do shows would get some sort of audience.