The Value of the Pause

Can commercials and time between episodes increase our enjoyment of television?

To this day, I still enjoy watching Seinfeld on syndication because I think the show works really well with commercial breaks.  And while I'm dying to see this next Game of Thrones episode, I think the anticipation is part of the fun.  All of which is to say, the binge/Netflix model is not something I think is inherently better.  Although...I suppose you can always create your own pauses like when you read a book...but it really isn't the same is it?  TV watching is a fundamentally passive activity (and should be).