I use my OTA HD PBS channel as a "benchmark" as it looks better than almost anything I'm receiving from E*. My PBS digitals are multicast with HD on 3.1 and then up to 3 more SD subs at the same time. But fortunately they seem to emphasize the HD programming (at least in prime time when I'm likely to be watching) and let the SD channels suffer. For example, 3.2 is a repeat of what's currently on the old analog ch 3. Being digital it is devoid of any interference and multipath issues that I see on the analog channel, but otherwise it often seems to look a bit worse than the analog signal with the added "blockiness" that is, I believe, a result of low bitrate. 3.3 is some BBC stuff and it looks horrible. 3.4 is other programming that also looks pretty bad. I don't really care about 3.2 - 3.4, as long as 3.1 is looking it's "best". (If I want the "main" PBS feed (on 3.2) I can watch that channel LiL from the sat.)
I will say that some of the older E* MPEG-2 HD channels like ESPNHD, HDNet and HDNet Movies generally look very good. In theory they're still in their native resolution. (I can't tell.) Even most of the "HD-Lite" voom channels look pretty good to me but the purists consider them unacceptable. I can definitely see a difference, but to me it's generally acceptable to watch, tho' I agree that we need to fight the HD-Lite trend or we will be stuck with it forever! Hopefully the denser but more efficient bandwidth allocation available with MPEG-4 will be the answer, but there will apparently be some time until the encoding issues are resolved.