Let me share my experience because I was once where you are now.
First TV:
I'd have to pay $50 for the cable internet anyway, so even at best case scenario for our needs, I'm looking at around $15 for Basic Cable, $5 for the box rental, and we're a big fan of the DVR service for another $10 per month. So, that's $30 + $50, or $80, and we'd want Hulu Plus to supplement our other shows. . . .
So, add your Hulu Plus subscription and we're now up to $90ish.
We used to pay Dish Network ~$60/month for more channels than we watched. Then we downgraded to the Dish "Welcome Pack", which when combined with DVR service was only $21/month. Pretty good.
But NOW my only monthly cost related to TV is $1.67 per month (ie: $20 per YEAR).
I canceled our satellite service 4 months ago and my wife and I are still very glad we did. We're saving $220+ per year compared to the $21/month Dish subscription, or $700 per year compared to the $60+/month we paid earlier. and still watching as much TV as we would like to.
Here's what we do for TV:
We pay $45/month for Time Warner internet. They claim "up to 10 mbps" but in my speedtest.net tests I usually get 12-15 mbps. (Note that previously we had been paying $40/month for DSL. Doing more video streaming over the web required a faster connection.)
We don't pay them for cable TV, Time Warner apparently doesn't scramble their clear QAM basic cable signals, so we get all our locals, the broadcast networks (CBS/NBC/ABC/FOX), PBS, AMC, and discovery channel in HD at no extra charge. Even without this "perk", though, I have a rooftop antenna and I get the same (except for AMC and Discovery) for free that way.
This signal goes into an HD Homerun tuner, which sends the stream over my local network through my router and into my Mac, where the EyeTV software serves as our DVR. (that's where we pay the $20/year for TV Guide information). EyeTV records the shows, and converts them to iTunes so that they are available on our Apple TVs (2nd generation).
That handles most of our shows. For the others, I jailbroke my Apple TV (2nd generation) so it plays free Hulu (or Hulu plus, but I'm not a subscriber), so this handles a good portion of the shows we are interested in. I also installed the "Free Cable" plugin for XBMC, which handles things that Hulu doesn't (like CBS shows). This process was free. There's another thread of mine in this forum that tells you how to do it, step by step.
Now, phone:
Don't forget the triple play bundle also gives you landline phone service, so that's another $20ish per month I'm saving compared to using a service like Vonage.
. . .
I suppose you could roll the dice and try MagicJack or something for your phone service if you truly wanted to have a landline. . .
I was previously paying $16/month to AT&T for a land line with as minimal features as possible.
MagicJack is $20/YEAR ($1.67/month, a little more than one TENTH the cost) and provides a dongle that lest you plug any land-line phone into a USB port on your computer.
Instead, I use NetTalk. They charge $30 per year (the first year costs $50 to include the cost of the device, every year after that is $30/year). The device plugs directly into your router Ethernet port, so you don't use up a USB port on your computer. Then you plug your phone into that device. It also allows you to Fax over this phone line, which I think MagicJack does not.