Here is what I would do:
Ditch everything but cable and power.
Get whatever cable channels you want along with broadband.
Then goto
www.vonage.com and get VoIP phone for $38 (with tax)
Here is what this did for me:
I was paying MCI just under $80 a month for The Neighborhood plan. Which starts as a $49 plan, but once you add taxes, it almost doubles. And I was paying $110 for my Digital cable w/HBO, HD and broadband. So I was hitting just under 200 for those 2.
I now have the same digital cable/broadbad at $110/mo and vonage for $38/mo. So we are at $148 for the whole thing.
$60 a month savings is great and I can't say enough good things about Vonage.