My cousin dropped her satellite the other day and I think I’ll follow her example and cut the cable. She got an AppleTV to download movies from iTunes and she has a PS3. Her bill was $90/mo. Mine is near that.
It just doesn’t seem worth it. The local 4 channels come in over antenna and the only thing left on the upper channels are Southpark, also iTunes, reruns on TBS et al, HBO, and Cinemax. NBC killed my favorite shows on SciFi like StarGate and switching to monster movies. The channel should be renamed Fear Factor. Battlestar Galactica ended a few weeks ago. HBO keeps killing great shows like Rome and Deadwood while letting cheap dogs like Curb Your Enthusiasm run on forever. So, they can all go snog a gopher.
I haven’t worked everything out, but TiVo and DVDs are good for the transition. Maybe the tiny $300 netbook hooked to the TV with an external DVD player and a Drobo. Movies can be ripped to the Drobo and protected against failure. I also have an Elgato computer TV turner floating around if needed. Online video can play off of YouTube, Netflix, Amazon, Hulu, and probably some other sources.