I think sometimes soap acting gets an unfair label for being bad and over the top. The lessons I learned there were so valuable. Seeing yourself every day on television, you learned what worked and didn't work, what was bad acting and what wasn't. Memorizing scripts became second nature.
Working on a soap opera is such good training for the novice actor. No rehearsal, 120 pages of dialogue per week, and one take to get the scene right. No room for error.