Currently in its testing phase, Hulu Plus let subscribers who shell out $10 a month while willing to sit through ads watch its meager programming on the PlayStation 3, iPhone and other devices.

All Things D report the questionable deal is about to get a little better, with Hulu considering a price cut to $4.95 a month. It’s a price point that beats Netflix’s $8.99 service that gives viewers streaming access to significantly more content, albeit commercial free.

Would Hulu Plus be worth a longer look at the lower price?

Hulu Plus, Take Two: How’s $4.95 a Month? [All Things D via Engadget]

Previously: Hulu Explains Why Hulu Plus Shows Ads, Has Limited Content

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