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I will say that I honest to God haven't missed it for a second. You may not believe it but I swear it's true. I never watched all that many shows to begin with and the paltry few that I do still watch I can see on over the air TV or catch on the internet. I also watch a lot of DVDs as I attempt to go through my "to watch" pile.
I thought getting rid of cable would save me $60 or so every month but it didn't quite work out that way. The second I cut the cord, all of my other bills instantly rose to offset the difference, so I'm not really any better off financially.
The biggest advantage of no cable for me is less distraction. Less distraction means more time to draw, blog and mow the lawn. I also don't have to try and keep up with such important matters like which bachelor some air-headed bimbo will choose to marry for three months before they divorce, or which so-called celebrity has the best dance moves.
I've said if many times before, but it bears repeating: I've you've ever entertained the notion of dropping cable, but are afraid you'll miss it, DO IT. I guarantee you won't miss it. The world existed long before there was cable, and it'll be there after.