YouTube TV's value proposition includes DVR and, if you're in your home area, the ability to fast forward through commercials for DVR'd content.
The tricky part I'm noticing is how traditional providers are bundling. Mediacom provides internet, cable, and phone service in the Midwest. My parents got a better total price for the same service by bundling it all together. When I look at pricing, the marginal cost of basic cable TV would be a few extra dollars per month.
I'm definitely switching away from YouTube TV, but need to decide if I should go with basic cable (which won't have everything my household desires) or Hulu.
I had the same question after reading the email from Youtube this afternoon, looking at Verizon's offerings they have monthly tiers at $50, $70, and $90. Ignoring any first time user bundles, incentives, etc. I don't know what the overlap between the base tier and Youtube TV's base offerings is, but it's for sure covered by the middle tier.
I was happy with Youtube TV at its initial $40 price, lukewarm with the first price jump, and now I'm really questioning it at $65. I travel quite a bit so the on-demand capability is valuable but that's starting to be a stretch.