I've been without cable for 15 years. The whole notion of a "channel" that you have to watch or record from is outdated.
Netflix and Amazon work for anything that's been out a year or more (not to mention their original shows) and Apple TV allows me to buy anything that's currently on. Even paying $25 for a season of a show is still worth it for the lack of commercials and the ability to watch when I want. The end result is I get to watch anything I want for half the price of paying for cable.
But that all ended last month when I moved in with my fiancé, who simply can not live without cable because why take a chance that sports even might not be available? We ended up setting up 2 TV rooms, one with cable and one with Apple TV, which rankles but at least almost everything on Apple TV is free with a cable subscription.
I really tried to go back to cable, but everything about it is irritating: having to know what time a show is broadcast, navigating the horrible user interface on the cable box, and worst of all, spending 1/3 of every hour watching commercials.
The horrible user experience with cable is a direct result of the lack of competition, where despite paying, on average $250/year on cable box rental fees, the technology hasn't changed much in 15 years. Hopefully the FCC will break the cable monopoly just a tiny bit:
http://www.theverge.com/2016/1/27/10840722/fcc-cable-box-rulemaking-proposal