Pros: Very tough, stable, easy to use.
Cons: Haven't encountered any yet.
I bought my husband one of these and have been very impressed with it. We use it for rafting and have taken three trips now, both with and without our four kids. Being not very good rafters, we have hit rocks and trees more often than I care to admit, and the raft has never had a problem. It is quite tough and has stood up to scraping the rocky bottom of shallow rivers, even with all 6 of us inside, and has bounced off tree branches without a scratch. Quick to inflate with our cheap dual-action pump and easy to store. It fits 5 or 6 of us fine for rafting, but I can't see using it as a fishing boat with more than 2 or 3 people. However, the kids can climb in and out of it without any tipping, so I'd imagine it would be very sturdy for fishing.