I used to pay $100/mo for dish network with 4 HD DVRs, HBO, etc, + $50 a month for internet. Now I pay $55 a month for cable internet and basic cable and couldn't be happier. I NetFlix anything I want to watch, haven't seen a comercial in months and am not paying $150 a month on the boob tube. I said myself that I don't know how I could live without at DVR, now I don't even notice. I don't let TV run my life anymore.
On topic, I don't think anyone is missing a life changing experience by not watching 24; however, when you can netflix it and watch a few episodes at a time at your own pace, it is quite entertaining. Season 8 just started this week.