I have used Otter, Descript, and a couple of AI tools from AppSumo, and hands-down, Whisper Transcribe beats them all with their transcription.

It's super accurate. It's fast.
There's a dictionary option to add words it doesn't spell right. The transcription is FORMATTED, which most other programs don't do or don't do right. Meaning, grammar rules are followed instead of a super-raw hard-to-read audio transcript.
The transcript also has paragraph breaks (something, for some reason, Otter has never been able to accomplish), so it's easier to read. Though, there can be massive loads of text without paragraph breaks too. But still better than other tools I've used.

My main use is turning my podcast episodes into articles. WT gets me 95% of the way there. I have another tool I use to get the transcript article-ready (rewrites it the way I write instead of the way I talk, adds paragraph breaks, and removes commonly overused words). But WT is now a primary component in my workflow. If they never update it again, I'd still be happy.

It'd be great to be able to modify existing content prompts, or at least add some guidance (it has its own personality, not mine). I should be able to accomplish that with the custom prompts, however.

I don't need a transcript with timestamps, but the option is there. However, I can't imagine I'd want to use it as-is. Some timestamps are only one word. Doesn't make sense to me, but since I don't have a need for timestamps, perhaps there's a benefit to that I'm unaware of.

I love that it's a local app on my PC.

An overlooked feature is the record option. I haven't used it, but I imagine if this was a mobile app one day, it'd be a great note-taking feature.

Searching for episodes using your RSS feed is very cool. I tried that just to test it, and it's flawless.

Slick interface. Everything seems to work well and it looks decent. 100% glad I bought.

Suggestions to improve:
-Support button could be AI powered - upload your docs and we can search them. If we can't find what we're looking for, we can email support. I've found AI powered support chat a very cool feature in apps I've used.
-Ability to add custom prompts where the prompts are instead of having to go into settings
-A Previous and Next button for searching for words in the transcript
-A dictionary that actually allows you to add the misspelling of a word so that it knows which word to change (I added my last name to the dictionary, but it finds clever ways to continue spelling it wrong in the transcript).
-Modify existing prompts. One reason is that I don't write about myself in third person, the prompts, however, do. Another is that I want it to avoid certain words and phrases.