Well my experience is going to visit my parents whose cable system got a major upgrade. When I am there, it is amazing. They have 72 analog stations plus digital. They do not use digital. The analog stations are much better than they appear on dish network. There are no compression artifacts at all, even though they could be getting a digital Cband feed and use fiber in town to send the signal out. So, the signal goes digital to the neighborhood and then converted back to analog. Because they use a lot of bits, the picture is not degraded.
Watching TV on a 65" screen is a pleasure unlike on Dish. In markets that cable has upgraded they can put out a far better picture than dish does now. They can do this because they have the combined bandwidth of both Dish and Direct TV, and do not have to do more than one market of locals. A modern cable plant has the capacity for over 150 channels of HDTV at a time.
In short cable companies can put out a spectacular picture, and they get the signal from the same locations that DBS companies do. Now I have no idea what the CBand feed of TV5 looks like, perhaps someone with that channel on cband can comment on what it looks like direct from cband.