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Pros: Very good CPU, plenty fast. I didn't get the K version because one, I'm not interested in OCing and two, I got it for $15 off. It was only $15 more than the i5-3350P I was looking at. I think I got a good deal.
Cons: None I can think of.
Other Thoughts: Before this CPU I was running an i3-2105 which was a very good dual core CPU. I was told that since I'm just a casual user and do light gaming I will not see much difference in performance over my i3-2105. They were wrong, this CPU was actually faster in everything I do on my PC. My monitor showed that I used 3-4 cores more often than 1-2 cores and the turbo boost really put it up there.