Thanks for the feedback. When I went through the sign up exercise to total up the monthly cost- I believe it just added in the $5/mo for locals automatically. All the better if I don’t need it.
I have the multidirectional antenna on my chimney currently attached to a DVico ATSC tuner card in my MCE 2005 HTPC. My intention would be to switch that over to the OTA ATSC tuner connector on the DirecTV HD DVR. If I get as good or better performance on OTA HD broadcasts from this setup as I do from the HTPC (wouldn’t take much these days) I will probably just take the HTPC out of the mix, reformat it and use it for general home PC use. About the only thing I’m using the HTPC for these days is a DVR anyway. This would also free up a digital connector (DVI) and cable going up to the projector to use for a Blu-ray player, although I suppose that HDMI to DVI conversion on the Blu-ray player would probably barf.

So I guess my question is on locals- (finally gets to that) if I just have the one connection coming in from the antenna to the HD DVR in the basement- how would the two small TV’s upstairs get locals? I don’t think I want to split that antenna feed, that would be a pain and a DB loss. Do you just do rabbit ears on each standard DirecTV receiver attached to the small TV's? Is that what the $5 locals would get me is delivery of the SD locals through the standard receiver so I wouldn't need those antennas?
Thanks in advance for the advice.