In my social and work bubble nobody I've spoken to about it watches live TV anymore, myself included. News is consumed online (primarily Economist, Guardian and BBC, but not exclusively). TV does XBox, DVDs (I've amassed over 1000¹) and streaming (via Xbox and an old laptop). So of course any dumb disaplay with an HDMI connector will do the job. Sports events often also stream live, or can be watched in the pub. So beyond that, does live TV offer that much value that it merits a Smart TV?

¹ Of course most won't have such a library - but it offers nothing more or less than streaming does.