Steve Rubel has been pondering the fate of TV. I think he is right about some of it but has not factored in games and especially WII style interactive TV. To get some idea of how powerful games are in the market imagine selling 50,000 of any product in just one hour. WII did!
Interaction, especially physical interaction in a games style of Internet TV solution is well within his three year timescale.
Of course, he is speaking from an American not European perspective. Life is different on this side of the Atlantic.
Here we have the hotspots of the highest online retailing regions (not California, the UK), higher blog useage per head of population (not New York but Paris) and higest number of people with 100 meg broadband (Leicester - using cable).
In Europe, there are populations with very high uptake of broadband (2-8 meg) which is haveing a dramatic impact on Internet useage.
The PC has come out of the study/bedroom and into the living space in houses and that is where the real challenge lies.