In a word, NO
It's only worth it if you've never had cable before or if it's been a good 5 years since you've had it connected. Otherwise, you're just paying for a huge amount of repeats and ancient programming.
I got rid of my IQ2 and have never looked back. I now enjoy what AppleTV has to offer not to mention I've started actually watching the 3000+ DVD's that I've amassed over the years.
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2008 Macbook 13" 2.1GHz, 4GB RAM – Late 2008 iMac 20" 2GHz 4GB RAM – Early 2008 iMac 20" 2Ghz 2GB RAM – TV - Summer 2001 iMac 1GB RAM - Late 2005 Power Macintosh 2.3 GHz 16GB RAM – 2 32GB Black iPhones – 160GB iPod Classic.
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