I mostly watch local channels. There's a lot of good stuff on if you ignore the reality shows.
24, Smallville, 8 Simple Rules, According to Jim, Friends, and That 70's Show to name a few.
The only things I really watch on my satellite channels are the occasional Comedy Central Presents, South Park, Sliders, The Shield and WWE Raw. And I watch Food Network and TechTV sometimes.
And I just got HBO 'cause The Sopranos are starting next week.. :goodjob: