For those in America, Versus handles all the coverage. And there is a ton of it. They show each stage live in the morning, followed by 2 hour highlight shows at like..noon and 2:30. They also have a big three-hour "expanded coverage" show at 8PM, which is some good stuff.
What you need to realize when watching cycling, especially the Tour de France, is that while it may seem very individual, it is most definitely a team sport.
Edit: It appears that Norwgian Boss Hogg won today's stage. Hushovd finished in the lead pack, so stays in yellow.
double edit: Timing, for newcomers: At the end of the stage, if there is a big group crossing the finish line, they all get credit for the time of the first man across in the group.