Not in my town! We paid $110 for cable plus just HBO. Internet is extra ($75/month).
So my numbers will run more along these lines:
Netflix $8
Hulu Plus $8
HBO $15
Internet $75
HD antennae free
Total $106 vs. Cable packaging et al. $200
Granted, I would like AMC as well so add another $15. Not a huge amount of savings but I think in the long run, breaking the monopoly of content streams will ultimately be better for the consumer.
I can get unlimited 60/10 internet and cable tv for $79 a month. Add HBO for another $12.