We decided to "cut the cord" over a year ago, and I can say it is one of the better decisions we have made.  I had lost the habit several years ago, but seeing the rest of the family get out of the habit of "I can't miss this show" and things like that has been great.  The kids are no longer focused on having to be home in front of the TV at a certain time on a certain day any longer.  This has led to a huge increase in family time doing things outdoors, playing board games, working on projects together, or just sitting on the porch.  But like I said at the beginning, we do still like to take in some television, but when we do, it's with proven classics.  I can't see us ever going back.