I think i would rather keep the BBC along with the license fee, at least it keeps an advertless standard to which other UK based TV has to compete. If we get rid of it we will basically have the same system as american TV. Plus your ONE person in a densely populated country and i think you will find that there is a very large part of the population who actually watch and enjoy many of the programs on the BBC, i agree there is some mindless crap on there but in comparison to hypnotic, over patriotic and often quite controlling american television what we have is excelent.
The bbc may bring in billions but how much do you think it costs to produce original television material every day? Bear in mind a SINGLE DECENT HDTV camera can cost anywhere from £30 000 to £100000 (example of a studio camera) then you add in the costs of all the other componants in the studio and then you have all the braodcast engineers and production staff which need to be payed every day... Im sorry but the money they get is anything but 'hoarded'.
As for the Iplayer being not that good, its maybe not as good as the 4OD system but thats about as far as i agree with that comment. The streaming service that is offered is fairly impressive in my opinion i mean you can even get it to run on nintendo wiis now, thats a brilliant and quite groundbreaking idea!