From a modelling perspective, the basic software enables you to draw straightforward designs for masks such as roundels, crosses, stars etc as well as letters, but the real game changer is the Designer software which is an add-on package, not expensive, but so worthwhile. With this package you can import photographs for instance and trace around shapes, this opens up so many other possibilities.
Yes, there is a whole library of designs that I’ve never used because they are intended for people who make cards, for scrap-bookers etc. but the tools (draw, copy, paste, orientate, scale, delete, group/ungroup etc) that are used for any craft remain the same. You’ll never regret buying one and investing in some time to learn how to use it.
Max