Yeah, I think you're right on the money. Matt Podwysocki has a chart explaining how promises fit in to all of this but I can't seem to find it. Here's what he says in the RxJs documentation.
"One question you may ask yourself, is why RxJS? What about Promises? Promises are good for solving asynchronous operations such as querying a service with an XMLHttpRequest, where the expected behavior is one value and then completion. The Reactive Extensions for JavaScript unifies both the world of Promises, callbacks as well as evented data such as DOM Input, Web Workers, Web Sockets. Once we have unified these concepts, this enables rich composition."
"One question you may ask yourself, is why RxJS? What about Promises? Promises are good for solving asynchronous operations such as querying a service with an XMLHttpRequest, where the expected behavior is one value and then completion. The Reactive Extensions for JavaScript unifies both the world of Promises, callbacks as well as evented data such as DOM Input, Web Workers, Web Sockets. Once we have unified these concepts, this enables rich composition."