You won’t regret it if you do. The ability to cycle through areas we are unlikely to ever actually visit plus the classes, both live and pre-recorded keep it so interesting, motivating and challenging.
Yes. It’s how we paid for it. Took the cost of two gym memberships and calculated the return on investment against it. And to be honest we get far more usage out of the peloton than we did from the gym.
Victim of modern tech? Not really, you have been able to buy home weight training equipment for years and many people have access to a regular push bike so what’s the difference?