This is pretty cool. Even if you have hours of time to kill, you can get in done on this site. CBS and a few other stations are now offering the whole shows online from thier Prime Time broadcasts. You can watch the full half hour or hour shows online in 5 - 10 smaller chunks controled be the player.
Some shows have a couple commercials, and some are commercial free, but it is definately less online than on TV... The online viewing is much better, as long as your computer, monitor and internet conections are decent.
The best part about this new method of watching TV is that you can do it at any time. If you go out to dinner, have plans, or something and miss your favorite show, just go online to innertube and watch it when you get the time...