The content from OTA isn't good enough to satisfy me. Even if I had access to all of the major and minor OTA channels (I rarely get FOX, Bounce or other fringe channels), I would still miss channel surfing with Rogers ... even surfing through just the bunch of channels that come with the the 3 tiers of analogue channels. I use OTA for 16x9 widescreen feeds to avoid Cable's 4x3 "supposed" safe-mode (apparently for suckers like me without an HDTV) and to avoid the simsubs. Other than that, OTA content pales in comparison to the diversity that Rogers used to offer me (yes, even with all the crap that was also included in my Cable bill).
However, I still prefer downloading the content that I'm in the mood to see, rather than waiting for it to pop up in Canada (whenever and wherever Shakira decides to air it).
It's very tough to get everything that we're interested in (even if everything was completely FREE), unless perhaps we happen to have very restrictive tastes and only liked watching a specific genre of shows that featured only a handful of our favourite stars. However, if your tastes are anything like mine, there's simply not enough time in the day to keep up.
Today I had to keep downloading/juggling 8 different files at the same time, to even feel satisfied that I was spending my downloading time "wisely." Nobody said that downloading free content (without using torrents) was going to be easy, but I think my tastes are too varied to ever catch up with what I missed (since I don't have access to DirecTV like I used to when I was younger).
I've already got enough stored content to last me a few months, but it's hard to stop myself from going after even more. If this goes on for too long, I might have to cut my library cord and take a break from my almost unlimited shopping spree.
Time is money, so if I end up spending more time downloading content than actually watching it, that content comes with a very steep price. The good news is that I'm having a lot of fun robbing from the rich and giving to the poor ... the bad news is that I'd rather be rich enough to not care about being robbed.