I’ve had a Peloton bike since 2017 and like the cycling content as well as the strength, mobility, yoga, barre, and outdoor walking content. If you have a bike already, you could try using the Peloton app with it.
My bike’s build quality has been good. I have swapped out the seat and added a device that allows the screen to pivot so I can do non cycling classes (I don’t have a TV in the workout area, and the bike screen is bigger than my iPad). The speaker quality isn’t fab, but I mostly use earbuds anyway, or I can pair a Bluetooth speaker with the bike.
There’s enough variety in instructors and programming to meet my needs, and riding “with” real life friends across the country or with Peloton members I “know” through social media helps when my intrinsic motivation flags. So much more convenient and less expensive than going to a gym. DD prefers real life classes and DH prefers hiking in nature, but I have been more consistent with Peloton than any other exercise routine.