It doesn't matter which is more balanced, cable news is awful. MSNBC, Huffington post and Daily KOS are just as biased and unbalanced as FOX news, Town Hall and Red State. You tune in to these media outlets to have your views fed back to you. To be told you are right. Studies have shown (University of MD) that people are less informed from these media outlets. They promote closed mindedness and different world views.
In my view, the PBS news hour is the best news show on TV. It is the least biased and most balanced. But people find it dry. It is not "News Entertainment". There is no news personality to like or dislike.
I will say this for FOX news; they have the best female legs on TV.