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Amen.I'm the same way. I'll rarely bother watching a movie if it's less than a 7 on IMDB. I value my time too much to waste it on bad movies. Like you, it's worked well for me all these years.
Gf and I have a tier system:
Movies (unless horror) must be a 6 or above. Will do lower for a horror as they’re scored more harshly.
Shows: must be a 7 and prefer an 8 or above.