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It honestly depends. I'm not actually into movies all that much, I'm one of those people that needs to pause stuff whilst watching things and I need to watch new movies alone (because I hate people talking over everything). I mean, for something like The Hobbit, I will gladly throw my money at the cinema for the HFR and 3D/imax stuff - and I have a few specific things I'd go and see in a heartbeat, but I tend to watch most everything at home.
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In the last few years streaming is the best solution.
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If the movie is right, Imax bar none. However, at home for most movies. No popcorn crunching!
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I watch both. But usually I like researching the movies before I watch them, and that tends to be a whole bunch of movies that are no longer playing in the cinema.
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Some long waited releases i watch at cinema. To be honest - much better experience.
But regular everyday movies - home :)
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depend on what movie it is :D