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Pros: 120hz is buttery smooth, 24" is a bigger difference from 23" than I expected, full adjustability, plethora of inputs, headphone out (for audio travelling over DP or HDMI). Looks stunning aesthetically, and once adjusted, the colors, lights, darks are VERY good.
Cons: Time required to calibrate color.
Other Thoughts: You WILL spend a good deal of time adjusting and calibrating this monitor. As has been said in a lot of reviews before me, the color out of the box will be TERRIBLE. I tend to be pretty picky with display quality, so I spent an hour or two adjusting this thing. Spend the time to calibrate and adjust and you will NOT regret the purchase of this monitor.