One thing you didn't mention was that you can use a PC as an actual DVR (as in a recorder) by hooking up a tuner for those pesky shows no one seems to want to allow to stream. If you're in a decent service area you'll get all the networks in full hd for free, and be able to record them (and skip ads) for no subscription fee. With a tuner and streaming access you'll only be limited by shows that are both not available to stream and not broadcast over the air.
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One thing you didn't mention was that you can use a PC as an actual DVR (as in a recorder) by hooking up a tuner for those pesky shows no one seems to want to allow to stream. If you're in a decent service area you'll get all the networks in full hd for free, and be able to record them (and skip ads) for no subscription fee. With a tuner and streaming access you'll only be limited by shows that are both not available to stream and not broadcast over the air.