YES to Home-Theater PC, NO to Cable/Satellite…

In the past 4 years, I have become disillusioned of cable/satellite television subscriptions (though we have DirecTV at the house), and I have discovered five things about my television habits:

1) I have scaled-back the amount of television I watch,
2) I spend more time playing video games and watching DVDs/Blu-rays than television,
3) Most of what I watch is available online anyway (via Hulu, Netflix, Revision3, Clicker, Crackle, Vudu, YouTube, network websites, etc.),
4) I can watch same-day-released movies for a single one-time rental (or purchase) fee on Vudu and Amazon VOD, or some older movies for free on Hulu, Crackle.com, and other legal sites (rather than paying the additional monthly subscriptions for premium movie channels from Cable/Satellite companies.
5) I no longer mind waiting from a few or many hours for a program to show up online, I just want to be able to watch the episode on-demand (WENT I WANT TO).