Joe_A
It seems inaccurate to use the term "bloat" just because a package has features that individual may never use. Each to find what features desired (with room to grow as a wise choice) and make a purchase accordingly. But not disparage others untruthfully.
Don't you know how things work in online forums? Each of us must choose a side. Then we take turns insulting each other.
Seriously, S1 and Cubase are both perfectly good DAWs, used by thousands of music makers every day. S1 has a freely downloadable 30-day demo which will let you get a feel for how its suits your particular taste and workflow. It would be great if the latest version of Cubase could similarly be demoed without having to buy a dongle, but there are lots of descriptions, feature lists, videos, etc. -- this may be enough to let you know whether it's right for you.
One thing is apparent, given the history: Cubase is the more expensive proposition. The only upgrade Presonus has charged for since I've used it (bought in 2013) is the major one from v2 to v3, and I paid less than $100 for that during a sale. All subsequent updates up to the current version 3.5.x have been free, with lots of nice features added.
One unique S1 feature I haven't seen mentioned here is the "Mix FX" plugin slot for bus tracks. It's an insert where special plugins go that affect multiple tracks at once, reaching down into the mix engine to achieve things that normal plugins can't do. Very interesting feature, with lots of potential. Softube's TAPE plugin and PreSonus' own console emulators are currently the only plugins that can be used at Mix FX inserts, but more are coming.
Cheers,
Eddie