Over 12% Expected to Cut Cable and Satellite TV in 2010

I ran across this article today citing a Yankee Group study that 1 in 8 subscribers will eliminate or cut back their cable or satellite TV in 2010. With more than 90% of US households currently subscribing to some form of pay TV I am a bit suprised that the number of households cutting back is not higher.

The alternative options these days to watching paid cable/satellite TV are numerous:

My family canceled cable last year as we setup a low cost internet box to watch Hulu and utilize ClearQAM channels via our high speed internet connection.
With a $9/mo suscription to Netflix you can get unlimited access to hundreds of TV show series along with thousands of movies
Hulu (our personal favorite) allows us watch from thousand of tv shows and movies. The best part is that Hulu offers a desktop application that we integrated into our media center pc. It allows us to find and watch movies all from our couch with our media pc remote.
Fancast also offers many other tv series although I haven't found a meda center pc application to watch the media.
Most major networks stream their prime time tv shows via their website including CBS, ABC, NBC, and FOX.
With the digital tv transition most households can at least get a couple channels over the air at the same or better quality as their cable tv.
There are paid services like Amazon's VoD or AppleTV.

GoogleTV is rumored to be announced in May.

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