They do that up here.
Thinking about it might be fun, but that's about all. You sit in a little shack on the ice, drink beer and wait...and wait. (at least your beer doesn't get warm and go flat) You set lines with a little flag that pops up when you hook a fish. There is an ice fishing report up here, it currently states that due to cold temperatures, conditions are good.
However, if I was going to sit for hours and stare at something, I would rather stare at my computer and Free Republic, in the warm comfort of my office.
I have NEVER fished in my entire 71 years. I think ice fishing would perhaps be more interesting than regular fishing but of course it would depend on who I’d be fishing with and how the conversation went. LOL It always made me think its a very BORING sport since it seems to require drinking to enjoy.
My preference also.