I can see myself spending a fair bit of time around the TV when the Tour de France comes on, because the Eurosport channel (actually British Eurosport, apparently with a focus on British sports/sportspeople compared to normal Eurosport) will be showing it all, live. This compares rather favourably to the 30 minute daily updates plus a few live stages that SBS manages in Australia (although I'm not sure how much Oz cable channels show, since ... well, see above about Foxtel).
There's also the hope that at some random time we'll get to see some fencing (maybe during the Olympics, or maybe for some of the World Cup comps ... I can hope), and there could be occasional shows of some interest (still waiting for something to sound new and interesting on the SF side, though).
But ... There is a scary side, and part of it is the channel called "Men & Motors" (although based on the glimpses I got while channel hopping it should be named " Women & Motors"). Another part of it is E4, whose schedule looks like this :
6:00am Big Brother Live
3:10pm Big Brother's Efourum[sic]
3:40pm Big Brother Live
5:30pm As If
6:00pm Big Brother Live
7:00pm Big Brother Nominations Uncut
7:30pm Big Brother Live
8:00pm Big Brother's Little Brother
10:00pm Sex and the City
10:45pm Big Brother's Little Brother
11:30pm Big Brother Live
... and so on. Very, very scary stuff.