I've cut the cord, with a bit of mixed reaction. I already had Netflix and Hulu, the latter of which provides a lot of the network TV shows a day later through its regular service. So if you just want day-late TV (again, for most shows), it is a pretty solid option. Most of the local TV stations stream their news, so that checks that off. What you miss is other live TV, particularly sports. I have signed up for Hulu's streaming TV service (https://www.hulu.com/live-tv), which is basically only available on your laptop or phone (the regular Hulu service still functions as it did previously; for me, it is on my PS4). PS4 won't offer the Hulu Live TV service because it directly competes with PlayStation Vue. The only/biggest flaw I have is streaming live, especially sports. Now, this could be because of my wi-fi, which is good otherwise, or because I try to throw something to my TV through Chromecast. But if I keep it to my laptop-only, it functions pretty well. I have added HBO and Showtime and Hulu has all of the significant sports channels, including BTN. What it doesn't have in MLB Network and NFL Network. For me, Hulu Live TV was the best price and channel selection combo.