How many left cable for OTA television, I wonder? That's still free.
That's exactly what I did about 9 months ago - no problems with OTA HD, NetFlix streaming and a PyTivo server streaming my DVD library to my TivoHD.
I'm addicted to Tivo so that cost would be there on Cable or OTA, but $16/month for NetFlix 3 DVD plan is a lot better than the $60/month TWC was charging me before.