Baseball is interesting when the game means something, as in post season play. Besides that, it sure isn't a television sport.
Which to me isn't a knock on the game as much as on the playoffs and division structure, which I think should be eliminated. AL Pennant winner and NL Pennant winner meet in the World Series the way it used to be - that's it. Make the season games count for more than they do.
The best thing about baseball as a TV sport is that you can work on something else while the game is on, and just pay attention at the critical moments. ;)