When I lived on an Army base in Alaska we had the best coverage of a summer Olympics ever. It was on 24/7 and they covered everything....and there were minimal stupid interviews and "heart warming" background segments...just the events. I also don't remember a lot of commercials. Don't know if the base got a special tv package or if that's just how it was televised that year, but I enjoyed it to death. I've never seen coverage like it since. I get bored with all the interruptions and commercials with standard network coverage.
Its also hard for me to watch the subjective sports like that goofy dancing skiing and figure skating. In figure skating especially there seems to be other things that influence the scores (skating world politics, nationalism, etc). I can't be bothered to invest the time to watch something that isn't scored according to what's happening in the competition.