Foxtel: Is it worth it?

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Hi there. I have not been on here for a while so I just thought i would get peoles opinions on pay TV (Foxtel for Sydney NSW Australia). As there is very little on free to air tv does this make pay tv more worth while or is it just a waste of money. I have only recently installed pay tv and find that i watch it very regular but does this fact make it cost effective or is it still a waste of time and money. Please give me your thought and ideas on this as i would very much enjoy reading what others think.