Perhaps eventually. I know I have cut the cord myself. No phone+DSL and no Sat TV. Saving me over $200 a month. I've got a VZW BBand card and HULU works just fine. I've got an old account with an unlimited plan... let's see how long that goes until they see how much bandwidth I've sucked down the last few months.
I see more people saving money this way and by using redbox or netflix.