Every era can be romanticized, and every era has its downsides. Just today, I could ramble on about the ever-increasing costs of streaming services as they reduce their available catalogs, ads forced upon users who have purchased the "ad-free" streaming bundle, UI/UX patterns designed to make cancelling difficult, things you've "purchased" no longer being available to you because the service no longer carries that studio's titles, paying up to $24.99 to "rent" a movie on Amazon for a mere 48 hours, the endless cycle of a service starting out "great" only to be enshittified, etc.
you are right, but that does not negate the friction that people felt at the time. my experience is with netflix, and i never found issues canceling, and as a matter of principle, i do not subscribe to services unless there are no alternatives (e.g. i pay for amz shipping, my own email domain). compare canceling a service sitting at home to driving to the video store, depositing dvd/vhs, and still having to check if they 'accidentally' overcharged. today it's so simple afaict.