I, too, have watched with amazement as others have dumped their dishes/cable feeds. I watch too much History, Discovery, HGTV, etc. to give up basic cable. I also get HD cable feeds, with a DVR, which enables me to time-shift HD, etc. Nothing like a good episode of Monk in HD. While it's available in ITMS as a purchase, why would I? It's low res, and costs me more money.

TV is a good replacement for some people, but not for me. I look at it as a huge addition -- an abundance of choices. I stream (ripped & encoded) DVDs from my collection, music (which I sync) from my ripped CDs, and pictures/art from my iPhoto collection.
I now have most of my old Warner Bros. cartoons DVDs ripped and encoded, tagged and synced. Nothing like 8 minutes of pure pleasure. How else could I accomplish that without getting the DVD, waiting for the menu, finding the cartoon. etc.
As it is now, version 1.1, it does EVERYTHING I wanted it to do. Some things could be improved, but then again, just ask my wife -- she'll tell you the same about me.
