Ours has been great... Except when my Mom gets a hold of the Remote Control and starts PVR'ing every show known to mankind bcz the buttons are too small for her to decipher... Yaaaar!
My g/f and I use Project free tv exclusively. We have a laptop with HDMI output hooked right into the TV. Still gotta hit the pub for sports but hey, that's more than fine for us.
Don't think you would ever catch me paying for cable provided we live in a place with fast enough internet.