We did this when we moved. We had Comcast (although our bill for all 3 services was only $107) at our old house. When we moved, we decided we wanted to try not to have cable. Comcast didn't service our new area, so we were able to get out of our contract (although they did try to charge us the early termination fee....I got a manager on the phone and got it credited back). We now have Netflix (just the streaming.....we were mad that they changed their pricing, so dropped the DVDs and just use Redbox if we want a newer movie), over the air antennae for our local TV stations (we get all of the network stations, plus PBS, ION and a few other stations, but that's pretty much all we watch anyway!), an internet phone system called Ooma for phone (it has some great features...my hubby chose this, so I'm not sure how it is different from Vonage or Magic Jack). So, the only thing we pay for is internet (about $45/mo), Netflix ($8/mo) and the Ooma is $4/mo I think. It's great! We haven't had any trouble with it so far and I really don't miss cable. We bought a standalone DVR so that I can still tape my shows that I do watch. It was kind of expensive up front, but will pay for itself in a couple of months just on the savings from not having cable. I also use Hulu for shows that I might have missed and you can always watch things on the internet (hubby just plugs a laptop into the TV). The only thing we have missed a little is ESPN because our college football games are not always on network stations or on ESPN3 (online), in which case, we can't watch it or have to go somewhere to watch it (which really isn't all that feasible with 2 young kids). But, it's a small price to pay and we've been perfectly happy with our new arrangement. Hope that helps! I say go for it!