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Pros: Compact size. Inexpensive. Cage centers bread within the slots. Toasts bread evenly on both sides.
Cons: For the price, none. It's cheaply built but looks good and does the job just fine.
Other Thoughts: Having had 2 toasters quit on me within the past year, I didn't want to spend a lot. I got this toaster for $12.99 with free shipping, which is really what a no-frills toaster should cost in my mind. It's simple, looks good, and toasts as well as any more expensive toaster.