This could get interesting for areas that have high speed internet (if all the ISPs don't start throttling speeds and metering usage). However, I remain highly skeptical that something like this could be pulled off. Even so, in the past few weeks, my Netflix has crashed in the middle of a show a couple of times. Forgivable for a film, since you can reload and pick up where you left off. Not so good for live TV.
http://www.clarkhoward.com/news/cla...ives-cable-tv-and-satellite-are-coming/ncxwW/
http://www.clarkhoward.com/news/cla...ives-cable-tv-and-satellite-are-coming/ncxwW/