Great idea; let's all fly cross-country once a week to watch a TV show. (You really haven't considered the feasibility of your 'solution' very much, have you?)
If your relationships with distant friends and family depend on you watching television shows at the same time, and you're unwilling to pay the asked price for those television shows, then yeah, maybe you should fly cross-country to see them.
Because what does it say about how much you value those relationships if the thing that is allegedly so important to them is not only ephemeral and impersonal but also thought of as not worth paying for?
Personally, I think the better option is to not feel like you have to watch all the same television at the same time as other people, but that seems to be a wildly unpopular notion these days.
A practical solution is not to geographically exclude areas and markets and then argue that they should be flying to said countries to watch these shows.
This is the equivalent Republican style argument that the answer to poverty in the inner city is for students to obtain a MBA's.
Lost is among the worst examples you could have chosen. It was one of the first shows available for day-after purchase on iTunes, and from the third season on had free day-after streaming on ABC's own site. And it was literally broadcast over the air for free.
So to be clear: You really are saying that even eight hours is too much of a delay. You really are saying that you want exactly what cable TV customers get, but that you don't want to pay anything for it.
Since you like getting free things so much, here's some free advice: If your relationships with your friends and family can't transcend such a trivial incompatibility as having not watched the same television show at exactly the same moment, maybe you should try watching it with them. Surely between all of you, somebody is willing to actually pay for something that is allegedly so crucial to how you interact with one another. (If none are willing to pay for it, that raises the question of how any of you are able to afford the time involved.)