Pros:
- Great screen (1280x800)
- Low price. I got a 32GB version for just over $200 on sale
- Native Android experience from Goggle
- Easy upgrade to JellyBean 4.2 (one of the few devices out there able to run 4.2)
- Nice build quality - the back of the tablet in particular is nicely surfaced
Cons:
- No video output
- No rear facing camera for pictures, only a front facing camera for video conferencing
- No SD card slot
- Cheap charger
- Performance lags (processor? Android?)
- More tablet-specific apps are needed to take advantage of the larger screen (vs. smartphone screen)
