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Cons: Does not ask for the password at power up, makes you establish a connection to ask.
Other Thoughts: Using mine with the following drive: Seagate ST2000LM007 2TB 128MB Cache SATA 6.0Gb/s 2.5" Internal Notebook Hard Drive Didnt have a problem going beyond the 1tb limit stated in the documentation. Might run into obscure trouble with the encryption getting too big of a drive but have not seen any problems yet.
Pros: Works flawlessly to connect a modern usb mouse and keyboard to the ps/2 ports on an older motherboard.
Cons: Pretty expensive.
Other Thoughts: The $5 dollard "converters" are only a cable and require an antique keyboard to understand how to "fake" the ps/2. They wont work with most modern keyboards. This one does. Enabling the usb keyboard feature on my motherboard causes lockups when some hids are connected. I had to turn it off and then couldnt access the bios anymore. Rather than purchase yet another keyboard to lay around I just got this. Use it fulltime for the main keyboard on my windows 7 (not that the os would matter with this device).