"one day I'll binge through them all"
I watched all the star trek series when they were new, on live TV. A couple years ago I did the torrent + binge thing you're describing and the experience IS dramatically different.
Even merely watching commercial free downloads dramatically changes the apparent pacing of the story, if the original intention was to have a dramatic pause while you think for awhile. You're supposed to think for an hour of realtime not just 45 minutes. Sometimes I wonder if there are any "distros" of TV shows out there on torrent sites with "intermission" screens instead of simply editing out commercials. It would be a weird, possibly interesting experience.
On a longer scale the very best episodes probably need a couple days to consider, digest, contemplate. Something like "space hippies" is probably best forgotten as quickly as possible, but "Doomsday Machine" (and several others) resulted in a bit of thinking after viewing the episode. Its not the finest of literature, but if you're going to invest the time, you owe it to yourself to get the most you can out of the substantial time expenditure.
If you binge and hit "spocks brain" or some other awful episode during a binge you might be completely derailed and stop, but if its "the thing you go every thursday at 7pm or saturday at 4pm or whatever" then you won't be permanently derailed. Don't let "space hippies" during a binge prevent you from seeing "city on the edge of forever".
On the other hand there is a sort of blurry trippy coolness rush about staying awake for 24 hours watching the entire cardassian war story arc on DS9 or something like that. Everything seems weird and cool and interesting when you're sleep deprived, even if its probably not what the director intended. This is pretty good evidence that coding at 3am is probably results in poor taste results, unless you woke up at 5pm or something.