I tried hulu back in the day when even their paid service had ads. Before this I was used to netflix. Coming from netflix,the ads on hula completely ruin the streaming experience.
Having been off of satellite for almost 15 years now, I honestly wouldn't want it if it were free. The idea of having to watch something when its own, instead of on demand, and the obscene amount of advertising, which is always way louder than the shows (Hulu doesn't seem to do this.) is unacceptable.
Netflix, Hulu and Amazon have plenty of faults, but they are streets ahead compared to that vast wasteland of cable and broadcast TV.