No, that is likely to be a myth. It is unlikely that the FTA analog stations are broadcast over the cable network unencrypted.
If they are not broadcast on the cable network the coaxial cable will be a very poor antenna, a coat-hanger would probably do a better job.
Here in New Zealand Telstra do broadcast analog channels over the cable network, but they are encrypted (I can use my PC TV tuner with the program ccdxp32 to decrypt and watch, but it is rudimenty.
To use a Series 1 TiVo to receive FTA channels, you will either have to replace the built-in NTSC tuner with a PAL tuner (get Darren King to do it), or buy a set-top-box, or buy a UK (Thompson) TiVo, or buy a TiVoHD.
TiVo is awesome, I highly recommend it.
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