Gotta say a big reason for not watching the show live is timing, primarily due to the fact that on any given Tuesday night I will be A) Working, B) Raiding in WoW, or C) Studying for post grad or D) Spending time with my girlfriend. And to be honest the show is just too late in the evening, as I don't have the same amount of free time to watch the show like I did during Swan Song's era.
On a different note I also enjoy catching the vods so I can pause go do something, come back, and not miss anything. This goes for all of the roll play shows, because while I enjoy watching them live more often than not I will sometimes miss details or information because I tend to get distracted very easily if I am multitasking, and on top of that, depending on the day, I can't watch the whole session because things come up.
Unrelated to timing and personal preference, the various delays/cancels here and there due to X, Y, or Z, I think, hurt the overall flow of the show. Which I completely understand, everyone has life to deal with and we can't demand that they put that on hold for the show, more often than not these things are out of anyone's control. However, and this goes for any of the roll play shows, I find that my interest in a show tends to diminish the more often we see episodes pushed back, delayed, canceled, etc.
In regards to my interest in the show, I love the show when the story is moving forward and we see progress toward their goals. However on the other side of that coin, when we have an episode such as in week 10.5 with just Zeke and Anne I find myself unable to really get into the story despite it being interesting and having Adam show up, which was a big surprise to the audience. However, I do not think that it was because the show it self was not entertaining, but more of the fact that I personally (and maybe others as well) do not like watching flashbacks in general, due to the general idea that the story isn't exactly progressing forward. What I mean by this is that while we may be learning more about the characters and the world at large, I think a there is a group of people that see those episodes as "filler" where we would much rather see the group together (Which we know was impossible that week due to two cast members being on vacation) and making progress on the "main story." And I get it, this is probably more a of personal flaw rather than a problem with the show it self because I know the cast for that week did a fantastic job, and it is my loss that I am unable to enjoy those episodes as much as the others.