Ok, you're all going to think I have no life when I answer, but....
I watch Bold & the Beautiful, As the World Turns, and Guiding Light.
It all started about 14 years ago when my sister and I would spend summer afternoons at my Grandma's house. She didn't have cable and watched all those soaps (including Young & the Restless, which I no longer watch), so we watched along with her.
And now that I have Tivo, I can't stop watching, even though B&B maddens me most of the time!! ATWT is my current fav. Sara, you may be sad to know that Lily and Holden are on the rocks (again!)
I will justify my soap watching by saying that this is when I do most of my knitting--I just look up when something important happens.
Oh and even though I live in Santa Barbara, I *HATED* that soap when I was a little kid--I used to run out of the room when the theme song came on.
Hooray though, first post for me! To think, I've been lurking around here for a few weeks now (being a pretty new knitter) but it took a SOAP topic to draw me out of hiding! :D