I use Instant Pot often. Not just for its pressure cooker function. I like that I can saute right on it just do not use the cover when doing saute, then change the function to pressure cooking. Yes, you can pressure cook from frozen, but do factor in the venting out time, it takes either from 30 minutes to 40 minutes. So even if actual cooking period is short, that vent out portion takes awhile. You can force it if you want, but it is not recommended if you were doing porridge.
I like that I can just set it and leave it, unlike in stove top cooking where I have to keep coming back to make sure the food has not spilled over or dried out.
I got mine in July 2016, thru Amazon, originally priced at $119 but they had a sale and it was sold for $69.