TV shows like "Lost" or "24" require seven-figure budgets--each episode--to produce.  But the storylines found in your typical American sitcom--"Everybody Loves Raymond" or "Will & Grace," for example--don't typically require the number of locations and effects that make the action shows so expensive.  With TV's revenue model rapidly undergoing change--shows on iTunes, ad-supported streaming at ABC.com, full seasons for sale on DVD--there's no reason a low-budget sitcom couldn't air on the internet--and be profitable.

Enter "The Burg."  Set in New York City's oh-so-hip Williamsburg 'hood, the show is set to premiere at theburg.tv today.  There have been preview clips running on YouTube for weeks (see below)--watching them, you immediately understand that a show by and for hipsters wouldn't be successful on network TV anyway.  After all, cool kids don't watch TV.  I don't, or at least, that's my official line.  It remains to be seen how good the show will be, but check out the clip below, and if you like it, head on over to The Burg.