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Pros: Compatibility with previous versions. Excel is better.
Cons: office 2010 is just plain clunky compared to 2007. The ribbon does not work correctly and correction of the issue is buried. Outlook's architecture with it's. pst file system is archaic. It does not integrate into project data base systems and does not integrate well into MS Exchange Server either. Inexcusable.
Other Thoughts: Outlook/Exchange Server did work OK at one time. But after automatic security update, many issues have developed which have not been addresses by MS.
Open Office plus G-Mail may be a more intelligent solution until MS gets their act together.