I have not had cable for over five years. In NYC that means not having TV since broadcast reception is so poor. Granted I have always been a greater fan of movies (I saw two last night), than shows in general, but 2008 certainly marks the year by which my practice no longer seems like a compromise.
The NY Times picked up on this yesterday. I could be that executive Holson cites; my wife and I watched the presidential debates on our laptops. Although I was a beta user, this week I got the Netflix email that their "Watch Now" feature was available for Macs finally. Although NBC/Universal laid off 500 employees yesterday, Hulu is a real success. Aren't there more than enough reasons now to recognize the obvious.
Looking for ways to get on the recession diet: drop cable. Live online instead.