Seriously, I checked out some of the preview video footage yesterday from the Canadian iTMS, and there’s little doubt that this is going to change the way a lot of people consume their media! I’m ready to turf my TV and cable subscription for a new iMac and a little more bandwidth every month!

Also, why have just Canadian shows? I should be able to buy shows from the BBC, from the Australian ABC, from Japan, Germany, etc… And why not Indy shows?

What I’m waiting for is the first iTMS-exclusive shows… Shows that couldn’t get picked up by networks, but might make enough on iTMS to make a profit… Some kind of Blair Witch Project sleeper runaway hit that wouldn’t have been possible without a distribution mechanism like iTMS.

Also, I was very happy to see that Mark Cuban agrees this might save TV – well, save something LIKE TV. The technology wasn’t the big innovation – the big change was on the business side of things.

Tangentially, I think that the big product announcement yesterday was not the iPod, but the new iMac. With the Front Row software, it becomes clear that Apple is moving into the Media Center business in a big way (good thing cuz I’d hate to think of this market being controlled by Microsoft – ugh!). Speaking for myself, I’d much rather watch my old Beachcomber episodes on a swanky 20″ iMac than a 2.5″ iPod screen!