YouTube is launching a new live TV service that promises delivery of many of your favorite live channels for a very reasonable price. Unfortunately, we'll have to wait for it for the time being. The new service is only available in Chicago, Los Angeles, New York City, Philadelphia and the San Francisco Bay Area. If successful, it will be rolled out rapidly to other areas of the country. Here are the details: 40 channels of live TV for $35/month including the major networks, most sports channels and many other popular networks. Some premium channels will also be available. Stream live TV to your computer, tablet, phone or smart TV. Six accounts included, no restrictions on where or when they are used. (One TV package for you, your parents, kids or friends) Unlimited recording of shows in the cloud for each user - no DVR needed. No need to buy or rent any equipment other than the devices you already have. However, TVs do require a Chromecast device ($69) if you do not want to stream to them from your other devices. A strong Internet connection and WIFI are necessary. It will be interesting to see how soon the service will roll out to other areas and when it will be available in Southwest Minnesota. As a consumer, I believe in competition. While this may put some stress on some local TV providers it should drive down pricing and make TV more affordable. This is another example of technology changing the world as we know it. We've come a long way from when we had three to five channels on a snowy, fuzzy, black-and-white TV, when I was a kid.