One great conclusion from this approach is how intuitive it becomes to understand the square root of i. I always thought you'd need another dimension to describe that, and another dimension for the square root of that unit, and so on.
But think of i as a 90° rotation, so applying it twice (squaring it) results in 180° which is -1. Then √i is a 45° rotation so applying it twice results in 90° which is i. Sure enough, this works out. The unit vector at 45° is 0.5√2 + 0.5√2 * i. Follow the rules of complex arithmetic to square that and you do indeed get i.
A rotation of -135° applied twice gives the same result. Square the unit vector of -0.5√2 + -0.5√2 * i and you also get i. We've arrived back at the axiom that all numbers have two square roots of opposite signs.
Last question: What's the cube root of i? Easy: a 30° rotation. The 30° unit vector is 0.5√3 + 0.5i, and cubing that does indeed get you i.