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I certainly do not miss the BBC news. I found it very bad for my stress levels.
The TV production was hived off to private companies, who then license it to the BBC, so the BBC doesn't own lots of the content it (we, the UK public) paid for, they have licenses to it with varying terms.
So; while it should be the case, in fact UK citizens get the er.. "opportunity" to pay for all sorts of the content again later, after it comes off iplayer.
I still listen to radio 2 and use the bbc website, no problems there either.
And while much of the license fee goes to the BBC, a decent whack goes to things like S4C, broadband rollout and funding freeview and freesat platforms