Great information for someone like me trying to make up my mind if I want to get rid of cable. our cable costs are over a S100 a month but we do have the higher packages.
I would recommend buying a Roku 3 device -
Amazon.com Roku 3 Streaming Media Player Electronics
With a Netflix subscription and perhaps HuluPlus if you like network comedy shows - there is a ton of options to watch content. Roku also has 100's of other channels that you can put on your home page if you want, or not. You don't see them if you don't want to.
Also - and this is a GREAT feature, it has search capabilities that searches ALL channels for whatever you search for.
It also has solid options for renting new movies in full HD.
And at a small investment to buy the device - you can easily watch 10,000's of shows and movies for just the $9 a month Netflix subscription.
If you try it, you won't go back. Few do.
The disadvantage is no local channels (will soon change) and no NFL sports (also soon to change, probably by the 2015 season NFL Ticket will be streaming)
Once this happens - whey the heck would anyone still have cable?