Besides meaning you have one less ugly component to deal with, getting rid of the cable box also usually means better picture quality and you don't have pay rental fees for your box any more (though we have faith that the cable companies will eventually find a way to charge seven bucks a month for CableCard rentals).
Little is known of the latter, although they are not the Certified Oil Rentals group that former manager and player Chris Turner brought to the table last month.