Naked DSL is a great idea that should have been around way before now. Too bad it's only 3mbps, especially if you're going to be doing heavy voip/skype/DL or UL.
We use Telus TV as well as land line and internet and have since we moved here about 5 years back. After not bothering with anything other than antenna TV and the 2 or 3 channels it afforded (my wife and I generally just play games and watch DVD's/download TV shows). we got Telus TV when my daughter was born so that she had something to watch in the middle of the night when she was up nursing the baby. It's definitely a little sluggish compared to regular TV when changing channels or menus but we're talking in quarter-of-a-second timing so who cares. You get occasional digital noise and when the internet goes down your TV goes away too but the picture is generally good and HD channels look nice too. If either my wife or I cared much about watching TV this would likely bother us a lot more than it does.
Just recently we realized we were hardly using the Telus TV anymore now that the baby sleeps through the night most of the time, and we've switched most of our long distance calling to Skype so really the only thing we're using is the internet. We shopped around and realized we could cancel Telus entirely, go with Shaw 10mbps internet and save cash.
We called to find out if we could get out of our contract and ran into the same issue as Cam: They charge $240 to get out of the contract. So the wife explained to them (In a very pleasantly convincing way I'm sure…) exactly why we were planning on doing it. Now our total bill for all 3 services came to about $160/month or so, and after hearing our reasoning the agent made some 'adjustments' that resulted in our total monthly bill now being just over $70 for all three plus upgraded our net to 6mbps. For what it is that's a crazy deal.
At this point we figured we might as well ride out the 2 years of the contract paying less than half what we were, then switch over to Shaw :).
In short, it's not bad, if you can get it for a steal. If you already have it, by all means call and complain. If you don't, and you watch a lot of TV, you're probably better off looking elsewhere…..