Just tuned in for the first time at http://www.eve-online.com/evetv/tunein.asp ...
It's sort of interesting hearing hearing the "sportscasters" talking about the teams as if they were talking about football. They're unshaven geeks, not loud-mouthed announcers with the cheers of a crowd in the background, but it's interesting how they watch the stats and speculate and make observations, etc. They're making EVE Online really feel like a sport.
That said, EVE Online as something to just watch on TV like this would be more intersting, I think, if the game allowed for "Star Trek" style gameplay (allow for multiple players to take different roles on the same ship, rather than massive battleships being manned by only one player) and first-person viewing (like in NASCAR). If EVE TV as a form of "television" entertainment matures, team VOIP on either should also be hearable as alternate audio tracks.
This might be a stupid, geeky post, but this is actually the future of television entertainment, especially with regard to sports. This is made obvious when one considers the elaborate steps that are being made to put the 2008 Olympics in Beijing on Silverlight with an insane amount and depth of user interface features.
http://msstudios.vo.llnwd.net/o21/mix08/08_WMVs/KYN0801.wmv