I'm sorry you are all discouraged now. Overall it must be quicker. As for your husband, when you get the knitting machine, put him in the box and send it back.
Have fun with your machine and I hope you decide to keep it. Hubby will see that knitting, no matter how it's done, takes time!
Speaking of saving, and not sure where you ordered it, but sign up for ebates at ebates.com When you shop through them, they give you a kickback by the percentage you spent. They then cut a check to you every 3 months. I have bought plenty of yarn with those checks.