I have lived carless for 5.5 years and virtually carless driving only on weekends for another 5.
More power to you!!! but it also depends on your job.
50 miles round trip would ruin your clothes - too much dust, it gets dirty like the outside of your car. You are doing two centuries every week. You might get sweaty and smell. If you have to face customers, you might not look professional. At least for me, after many years of doing this, I decided it is not worth it as I move up the corporate ladder.
I like to keep my work life and exercise life separate now.
Edited: Give it a try for a month and I think you will see how well it works out. At that rate, about 12,000 miles a year, you are approaching a car level of driving distance. Your bike will need maintenance every weekend, 2 sets of tires and brake pads a year, new Gortex suit annually. Depending on how diligent you maintain the bike, it might get totally worn out in 4 years/50,000 miles maybe? The battery will last maybe 1-2 years/24000 miles maybe? Your expenses will go up - still cheaper than a car/insurance though. Don't do anything permanent like move, take out a lease on an apartment, sell your car, until you do it for 3 months.
Added: Maybe 1 or 2 days a week and drive the rest of the time. That way, you have the option every morning and there is less commitment.