Yes and no. The initial setup isn’t obvious and the way the components work together is not easily found and understood.
However with a decent How-To you can end up with something very impressive.
A Slack alert can notify you of an automated download of a movie off someone’s top list or a TV series that has started screening again and has been downloaded.
Automated piracy is impressive.
Cost isn't an issue for me (I pay for a bunch of these services already) - I much prefer the alternative where I can open up Plex and find everything I want there in one place. Shows shift from service to service as licenses expire, etc...it's a huge pain in the ass as a consumer.
But for me, there's no guarantee that Apple TV will be around forever, or always be contracted to have the same content. With something like Plex, my library is always my library and I don't have to worry about content disappearing.
My friend uses sonarr + usenet and its not as easy as amazon/google/itunes/redbox/fandago rentals or purchases on a roku.