I think NBC actually gets a bad rap for this. This was the case in Sydney, but ever since they have improved quite a bit - The occasional fluff / backgroud piece but a lot of action -
I'm guessing only the die-hards really want to sit and watch hours upon hours of track and field or swimming prelims.
The good news is with the just announced detailed schedule even the die-hards can see all the table tennis, judo or boxing that they want. EVERY soccer and basketball game will be on. That's good stuff. Looking over the detailed schedule I can't believe the amount of coverage.
I also think the whole LIVE vs. Delayed debate is over-hyped. Most people have jobs and can't just cut out for 2 weeks to watch live events at 9 or 10 in the morning. Not only that, but I prefer to watch via DVR anyway so I can skip commercials if necessary.
And for those that have to watch LIVE, this year you'll get Swimming, Gymnastics and Beach Volleyball in prime-time LIVE (or slightly delayed on the West Coast). So just pretend that you're watching live and you'll be fine
Bottom line, having watched a lot of Olympics I think NBC has actually figured out a great formula and they do a fantastic job of covering the games.
I'm also anxiously awaiting news from Direct TV on the NBC Olympic channels. Any news out there? Please?