For those who have dropped cable/satellite for streaming...

[olnacl]

The only drawback I see would be missing some of the cable channels that aren't available OTA - I watch a fair amount of MSNBC and ESPN, for example. While much of that content is available on the web, I prefer to plop down on the couch to watch it.
I guess my opinion doesn't count because I have not dropped cable for streaming, so, never mind.