This would be awesome.
The idea is great, but the reality is this won't be a cost effective reality for most I'm sure.
What many people fail to think about is that the cable/data providers are usually one in the same. They own the infrastructure that allows you to receive your data and video. If people start shutting off cable to use more bandwidth and pull their video from the web, data throttling and premiums for "excessive" data usage will most likely ensue. It already does to a certain extent by many service providers.
I think an obvious assumption is that < 1% of the population utilizes web based TV as it's only source of TV viewing at home. I would also assume that if that number began increasing to even 2-3% you would start seeing data usage premiums(ETA universally by all service providers).
This post was edited on 1/3 at 3:59 pm