If you already have the $9.99 Basic plan, you can keep it.
I’ve been putting off having a local copy of the series and movies I watch because I still can access them quickly and cheaply enough in some streaming service, I think it’s time to plan ramping up my selfhosted setup.
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You still need to get content generated.
Yep you do and some may argue that, depending on how you obtain that content, it’s even easier than the setup of the NAS and Plex itself.