Welcome to the forum. If you're new to routers you'll find plenty of information to get you up to speed. I'm sure Stick will post shortly and provide you with links to important safety and operational information for the safe and proper use. A handheld router can do some amazing things as well as dressing up wood edges but that's just the tip of it's abilities. Add a router table into the mix, store bought or shop made, and you'll add so much more ability for larger and deeper cuts. Like making raised panel doors, cope and stile frames, just to name a few. But understanding how to do this safely is key.
I've kept my Shopsmith Mark 7 primarily for it's lathe ability with the digital motor but have yet to delve in too deep. I bought a Nova 3 for it and hope to start some simple turning by summer. Just so many projects yet to do before the real fun happens.
Again, welcome. Post some pictures to show your work and ask away. To post pictures just drag and drop from your computer folder to the box below. It will load and show a thumbnail of the picture. There's a progress bar to show the upload progress. And do fill out your profile so we have some idea about you and your tools.