We've had ours since early 2020. It still gets used a lot, although I found that I went through a sort of fallow period after the novelty wore off. I had to really motivate myself to get back in the saddle again. I'm really enjoying it again though.
Positives
-- the class selection is fantastic, not just for cycling but also running, yoga, strength training and bootcamp. You can join classes live, jump into a catch-up session, or pick the class on-demand (like streaming a Netflix programme)
-- the instructors are genuinely world-class (I especially love Christine, Ally Love, Hannah F, Matty Maggiacomo for strength and Ross on yoga) and there's enough variety that if you don't personally chime with one particular instructor, you can try another one
-- it's handy and motivating having your workout equipment right there in your spare room
-- as well as the bike itself, once you're subscribed you can run the app, which has all the classes on it too. I do yoga with my iPad propped up in front of my mat, for example
-- the way it helps you grade your own fitness level, and challenge yourself, is sound and quite clever considering its all done digitally (DOI: I'm a personal trainer)
Negatives
-- the bike is quite bulky and you need the room for it, plus a good and reliable wifi connection
-- they've been piling on the 'innovations' lately, including this Tron-esque thing called Lanebreak which feels like tech people competing to dehumanise the entire platform, which is against what Peloton stands for IMO
-- if American-style affirmation isn't your thing, you won't get on with it. Even the British and German instructors (of which there are several) do this, to an extent. I quite like it (yes, Robyn, I do only ride with royalty, and here is my crown
), but some don't, and if it isn't your thing, you might struggle to find an instructor you like
-- if you fall out of the habit of using it, it becomes expensive quickly
-- it doesn't replace the gym in some ways (weight training, for example)
-- there are ongoing costs; you have to replace the shoes every so often, and the pedals/cleats. And there's a bit of ongoing adjustment/lubricating to keep the thing running smoothly
-- I've found I have to clean it/wipe it down after every session, otherwise sweat dries on the frame and it starts to stink
they have a ruthless approach to getting rid of older content. For example there was an instructor called Jennifer Jacobs who was on the platform for a long time, whose bike classes were brilliant. But she left Peloton, and after a while, all her old on-demand classes got wiped