I've just returned home from a somewhat hectic Florida vacation to a home without cable boxes. I began an experiment as the last thing I did before leaving town by returning the boxes to Time Warner. I realize that in some circles eliminate television from your life is quite fashionable but that isn't what my experiment is about.
During these lean economic times my family and I have reviewed our spending habits and I noticed that my cable habit was costing over $100/month. Admittedly, I was a big spender subscribing to the premium channels and for good reason...those were the channels I watched. I abhor mindless television so my viewing habits tend towards movies and high production quality shows such as Entourage, Weeds, Californication, Big Love, etc. (although my guilty pleasure is Grey's Anatomy).
I time shift nearly everything that I watch, sometimes by half a season or more, so the timing around access to the content doesn't seem important to me. With today's access to media via direct online viewing, podcasts, and services like Netflix my $1500/year was really paying for the services of the programming directors who schedule the shows.
When I spoke about this idea to some friends they were arguing the value of this investment. That this service allows you to just plop down and zone out. At the end of a long day what could be better than doing some mindless channel surfing.
Not my style. I'd rather plop down and watch something I know I will like. Time shifting let's that happen too, just set record and watch only what you like whenever you want. Problem is that you lose access to the newest/best, hence programming director services.
I have a vision of scaling these types of services into a Pandora for video. You'll have a number of channels that play shows you like. Netflix isn't too far away from this. They can already suggest things that you like, they can already stream the media, they already have hardware that sits next to your TV. All they need is to set up the channels and viola!
Of course chasing the streams could amount to a royal pain. I'll let you know how it goes.