However, my concern is as to whether Sky will try asking Ofcom to allow the conversion of the Channel One Freeview slot into a Pay-TV channel.
That would be very bad, and rather confirm their reputation as a regulator who rolls-over and jerks with the right movements, when approached by a commercial broadcaster with a big enough and fully-charged cattle-prod.
As you stated earlier "BSkyB are running a business, not a public service."
Having said that It is a shame to see Sky taking dominance of the television market, not in the interest of viewers but of their own pockets.
Sky Atlantic does look like being a good channel. I just hope it is not as repetitive as Sky's other's channels.