Update after a weekend of use.
Trying to switch between Vue and local channels (here represented by switching between Vue and my cable subscription) is a pain. Whenever there was a game on CBS I wanted to watch, I ended up just sticking with the cable feed because it was easier to flip to the other 3 games. Part of that is my setup, (my TV only has 2 HDMI inputs and I have more than 2 devices hooked up, my temporary solution was this
switch, so I can't just change the TV input from my remote. I'd change that setup to make it a button push to change inputs instead of turning off the PS4 or getting up to hit the button on the switch), but part of that will be the fact that local channels will be on a different input than the rest.
I did run it for a good amount of time over the weekend though, with one or two streams going. It held up fairly well, though I did get some occasional pixelation.
Using speed test I consistently had 20-22 down/2.25-2.75 up with one or two streams going throughout the day.
The end result later this week is likely to be that we're not
quite ready to cut the cord. If it were just me, I'd almost certainly do it. My wife is a harder sell because it's more complicated than a straight DVR box from your cable/satellite provider.
In the end, it's just not quite easy enough yet. Vue doesn't integrate with local channels (or though OTA DVR's like Sling TV does with ChannelMaster DVR+). Vue doesn't play with Roku or Apple TV. Sling doesn't have all the channels we'd want or more than one stream. The best OTA DVR's don't play natively with Playstation (Tablo) and/or require a subscription or large upfront cost for a "Lifetime" subscription (Tablo and TiVo).
I'm going to spreadsheet the numbers and see where the total cost of ownership over several years comes out, since Vue would require some upfront hardware costs to set it up how we'd like, but I think we're likely to see how Vue and Sling evolve over the next year or so before making the jump.