Well I made some pasta witht the machine yesterday and I must say that for my first try it turned out really well. I'm not a novice in the kitchen by any means, but I also chose a recipe that yielded a very small amount of pasta.
I ended cutting the pasta into pappardelle and it was delicious. I used a recipe I found on Epicurious that called for mostly cake flour and some AP flour. I made the dough in the food processor with the dough blade and it turned out very nicely.
However, now that I found a recipe I like, I will probably want to make it more often and I will definitely invest in a machine.
Thanks to all of you who responded to my original post.