The only "compelling" programming offered by Viacom is CBS. Since, thanks to my 811, I can get CBS DT & HDTV OTA, I won't miss Viacom if they leave. Yes, I'm in one of the O & O areas. Time was when I was a regular viewer of MTV and VH1, but they re-formatted and turned into trash. One can only handle so much rap music and Brittany Spears exposes.
I have the AT120 package. If Viacom leaves, I guess I'm stuck looking through over 100 channels to find something to watch. Yes, we have plenty of choices and we don't even have to dump E* to exercise them.
I'm guessing those most upset w/ the prospect of losing Viacom are also those who will scream the loudest when their E* bill goes up after a Viacom agreement. There is no such thing as a "free lunch".