It is somewhere around that angle yes. But you couldn't get it without an official Sky box and viewing card anyway as it is locked into it's own system that other sat systems cannot access or decrypt.

It is very annoying that they stopped the F1 channel as I used to subscribe to that when it was available. Was it really £12 a race? I had no idea it was that expensive. I'm sure I got a special offer or something as I only paid about £50 for the whole year.