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Pros: Powerful NAS
Easy to setup
Tons of apps
Dual Core processor
Cons: None at this time.
Maybe a little bit expensive
Other Thoughts: Simply amazing, I bought the Synology DS412+ with 2 X 4TB WD red drives (WD40EFRX). I am planning to buy 2 more 4TB drives. I connected my Synology to a Trendnet 8 ports Gigabit switch which is connected to my router. The Synology is connected through the ethernet to my WDTV Live Hub, so far no hiccups. My WDTV Live Hub and other devices (PC, laptops, Tablets, Smartphones) can access it and play files without any problems. You can copy files to and from the Synology using a FTP client (Filezilla)
The GUI DSM is really easy and intuitive to understand. It took me 10 minutes to setup my Synology and voila it works and ready to rock and roll.
Tons of apps. I haven't played with it yet.