I do, but it's only part of the argument. For many isolated and vulnerable people the BBC is a lifeline.
Independent journalism on a broad scale, with the resources to go around the world (and not just report on a website from someone's back room) to report that news is hugely important.
Arts are massively out of reach to many people without huge incomes.
All of these things might seem insignificant alongside healthcare and education, but surely we are not at the point at which we can only afford to bring the absolute basics to people at an affordable price.
Yes, of course you could have Netflix, yes you could have Amazon Prime, yes you could watch telly on You Tube if you have a decent enough broadband connection and are prepared to pay for that, yes you could pay for HBO, and Sky, and Virgin etc etc) but there are lots of people who couldn't afford those services, so if you lose the funding for the BBC and therefore the BBC itself, quality television programming, educational content (yes, there's a heck of a lot of educational programming on the BBC, not to mention the BBC website) arts and entertainment would only be available to the wealthier. Surely we're not there yet?
Don't kid yourself this argument is about anything more than the fact that politicians don't like the fact they can't control something that might dare to criticise them.