Yes. There are many good cooking shows available to stream or rent from Netflix. When searching with the word "cooking" on their website, the top cooking shows watched by members on Netflix are:
"Best Food Ever", "Ramsay's Best Restaurant", "Take Home Chef", and "Ramsay's Kitchen Nightmares". Also popular are the documentary films A Matter of Taste, Kings of Pastry, El Bulli: Cooking in Progress, and Pressure Cooker.
Some other cooking shows on Netflix are "DC Cupcakes", "TEDTalks: Chew On This", "Cake Boss", "Gordon's Great Escape", and "Marcel's Quantum Kitchen".
When searching for cooking shows or documentaries to watch on Netflix Instant, it's best to search under the category "Reality TV". Also, make sure to check under "Documentaries", "New Releases", "Recently Added", and "Popular on Netflix".
In December 2012 and January 2013, stock in Netflix more than doubled. At the same time, Netflix is working on putting out their own original programming, starting with the premiere of their new series "House of Cards" on Friday, February 1, 2013.