Hey, I just got Telus TV a month ago.
They gave me a "free" PVR as well. It great. I quite enjoy that. Rewinding live TV? Very fun.
For me, the reception is better than Shaw and definitely cheaper! I figure the cost of getting out of the contract will be absorbed by the money I am saving in 6 months.
Yes, Cam you cannot "surf" channels traditionally, (there is a bit of delay) however, I find looking a the guide, and choosing from there to be faster than channel surfing anyway.
Just my 2 cents :)