Yes, it's part of an effort to reduce distractions in my life. I don't watch or read news either, well, except tech related things like HN and Slashdot. I feel happier that way, too. (Try it for a week and you'll know what I mean.)
I still consume though, buy goods and services, of course. And I'm not cheap about anything. But I try to do so on a cost-benefit-evaluation basis. When the impulse to buy comes (say, the new iPad that I see everywhere), I discipline myself to delay the purchase. After a while I often realize that I don't need or want it. Instead I might buy some activity like a small trip somewhere, or getting a massage or going to a health club.
Anyway, the best advertising imo is a good product my friends or people I respect will talk about and/or show me.
And in a way I hope most people don't ad-block, so that these models stay profitable. Otherwise advertisers will get even more aggressive and Captain Kirk will use a Windows Phone, smoke cigarettes and drink Coca Cola in his new BMW in the next Star Trek sequel all the time. That would be disappointing.
Finally, if anyone invents glasses that also filter out display ads on the streets, I'd buy a pair. Then I'd walk around undistracted, perhaps thinking something worthwhile. For example what the economy, and the world as a whole, would be like, if everyone had those glasses.