I had my original Peloton bike for a few years before upgrading to the Plus model. That being said, this thing is still fantastic. It's not the most well built bike or highest performing on the market, but the build quality is much better than the cheap import bikes that are prevalent on Amazon. You can also buy an adapter for the screen so it fully swivels around to be used for other classes (which is a standard feature on the Bike+). For me the value here is extremely high as the gamification, leaderboards, music choices, etc are all super engaging. My wife and I both use this daily so we've gotten more than our moneys worth on it and don't mind the somewhat high monthly subscription fee. You can often find these used for $300-$400 (down from like $2k new).
Performance
Value
Build Quality