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Pros: Cheap for what it is, decent size for storing files, transferring files and is also small, which I find as a pro, as it doesn't take up a bunch of room or feel bulky.
Cons: Obviously due to its price, it feels cheap. The metal piece can easily come off. The write speeds are slow. If you are an impatient person I'd recommend another product either by Kingston or another company as the write speeds slow down after the first few seconds.
I've found the average write speed to be about 1-2MB/s where as most USB 2.0's I've had transfer around the 10-15MB/s which disappointed me.