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Pros: Huge to someone who's only experience is with screens <16 or so inches. Viewing angles are amazing. The stand's adjustability is great
Cons: Not many that I can think of, but when turning the screen left and right, the stands pivot friction is great enough that you have to hold the base still otherwise the base will turn with the stand.
Other Thoughts: I'm not monitor guru, especially since a 23" 1080p IPS display is a HUGE leap for the types of screens I'm coming from, but I'd say this is a good monitor. Apparently this monitor has a special BGR sub-pixel layout which can make text fuzzy in some cases, but I haven't noticed any problems. I got this thing on sale for about 179.99, so I don't know if the price-to-feature ratio is very good compared to other IPS displays.