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Pros: Cheap. Metal case. Nothing wrong with UI or defaults.
Cons: Doesn't stay completely operational over a multi-week period. Guess that's not a problem if you reboot hardware frequently, but I've personally wasted a ton on time on "issues" that clear up temporarily after you cycle the power on this thing.
Other Thoughts: I'm done with TrendNet for the forseeable future based on this and a tricky problem that bit me with IGMP multicast on a cheap TrendNet switch. A pox upon them.