Netflix instead of satellite & Redbox???

[Blak Smyth]

My wife and I are looking at the posibility of dropping our satellite, no longer using Redbox and replacing these with Netflix.
I have a few questions that the Netflix website doesn't satisfy, maybe some of you Netflix experienced people can answer.
(We watch alot of current TV shows and often rent movies from Redbox)


Questions:
1.) Does Netflix have current episodes of TV shows that are running now or just past seasons?
(Example: Can I watch the new season of Walking Dead when it starts again?)
2.) Can you get current episodes of HBO original series shows?
3.) What is Netflix que? (people say, "That is in my Netflix que" often)
4.) How fast can you begin watching a desired program?
5.) Is the movie selection that much better with the mail orders?
6.) How long is the turn around for mail order DVDs?
7.) Is there a better service than Netflix out there?

The big question:
In your opinion can we replace our satellite service and stop using Redbox if we get Netflix?

Thanks everybody for whatever feedback you can offer, I may try the free trial but want to know what to expect in advance.
*I have read through many of the other Netflix threads here, but didn't find exactly what info I was looking for, and didn't want to thread jack.