We cut the cord. Cable was just to expensive. We have netflix now, true we do miss some shows but if you wait you can see them online a day or two later. I have to watch netflix on my computer because I have not purchased the Rogue yet but it is on two TV's in the house.
I like some of the films Netflix has, but honestly I'm cable all the way. For one thing - I like being surprised. There is nothing like channel flipping and stumbling on something great. For another I like bundling - my internet, cable, and phone are all together in one easily paid package. There is also the variety - Sundance, IFC, G4, Comedy Central, over a dozen music channels, the kid channels (Nickelodeon, Cartoon Network, Disney, Disney Junior, etc). There is also the issue of new episodes and shows like Adventure Time or Regular Show. Besides what would I do without my FX? It has the flicks.