I very much agree with Bagehot. While the BBC does cause some interesting competitive issues, it is so much better than what the competition in the UK is providing and astonishingly much better than the output in most other countries. I’m willing to pay my £150 subscription for it. Especially when I think that I pay Mr Murdoch four times this much for SkyHD. Funny that no-one ever seems to make this comparison, eh?