I have one also and I LOVE IT. It took me a while to adjust to the style of riding - I was also a fan of the Zengo/SoulCycle style of riding, so it took me a while to adjust to riding without all the "tap backs" and choreography. Within a few weeks I found my favorite instructors and I haven't looked back. I've been using the bike and the app for over 2 and a half years, and I still take a Peloton class at least 5x a week. The instructors are fantastic and they do an amazing job of launching new content to keep members engaged.
I think you were smart to go with a Peloton over the SoulCycle bike. I think they are going to have a tough time really competing with Peloton, especially in light of Covid-19. They were already struggling financially, and it could be pretty dire now that all of their studios are closed around the country. It wouldn't surprise me if the bike isn't fully launched at all.
Also keep in mind what happened with the FlyWheel bike. They launched to compete with Peloton, Peloton sued them for copyright infringement, and Flywheel ended up settling the case, admitting wrongdoing, shuttering the at home bike business and transferring their customers to Peloton.
https://www.theverge.com/2020/2/20/21145349/flywheel-bike-shut-down-email-user-reactions-peloton-trade-in
Covid-19 may be the final nail in the coffin for FlyWheel; apparently they have laid off over 90 percent of their employees in light of the virus and studio closings.