No, it isn't.
And ditching cable is not just about saving money. It is about paying for what you want, and getting value for your dollar. There is no value for me in renting a cable box for an extortionist price, and paying for a laundry list of channels I never have any desire to watch.
What I pay per month is also under my control. If I decide Netflix, or Hulu, or HBO, or _insert_ is no longer worth the $x.xx/mon...Its gone within 1 billing cycle.
I did a trial of Sling TV just for a taste of what another $20/mon could get me in terms of additional content through AppleTV. You know what it got me? Commercials. Lots and lots of commercials. No thanks. My house takes in a very minimal amount of commercials, since all of our TV consumption is through Apps where that is kept to a minimum, or non-existent. Not exposing my children to the hours upon hours of commercials that play in most houses has had a wonderful effect on their personalities. They actually have original thoughts! Unlike most other children (and adults) that are told what to think and how to feel every single day.
And, LOL, please...your xfinity box that you rent and the 19th century remote it ships with? My 3 and 5 year old can both use the Siri remote. And my AppleTV has no issues integrating with CEC functions and passing through 5.1 sound. It is tops.