You might want to check out Fiberella's website. She is a very talented fiber artist and there is a lot of info on her website including some free tutorials. You can even take classes via the computer (elearning as she calls it) no matter where you are in the world if you are so inclined. Either way, she has some great stuff there. Hope this helps answer your questions and inspire you to use your new machine.
http://fiberella.com/index.html