Quite depressing isn't it - there is very little magic performance on the TV you'd actually watch - I know the feeling. Was forced to watch Max Magic the other day, although the guy had some original, well presented stuff it was ruined for me by terrible editing - they'd replay a lot of the tricks and spec reactions immediately in a crazy MTV/Punk'd/Pimp-My-Ride kind of way (e.g. Black and white/Mad Zooms/Whacky Camera Angles). Just looked like drawing 20 minutes material out to fill a 40 minute slot to me.
The only things worth watching that spring to mind:
Derren (sure you'd agree Jack

)
The Real Hustle - which I know isn't strictly magic, but I like cross-overs. Paul Wilson is great (and Jessica-Jane is better

)
Maybe I'm missing a few? Put me straight and let me know if there is anything that could drag me away from my magic for magicians DVDs.