Pros
I was with a brilliant team that didn't hesitate to commend you on your efforts and help you out with things that you need. My counterparts were very eager to help and all-in-all I had a good experience learning about the technology. The place had it's own gym, a tennis court and a cafeteria that I'd frequent for lunches.
Cons
I rarely had some problems with the company. On rare occasions, I'd hear people's opinions on how there is a senior management issue but until the issue gets to my level, I rarely pay attention to words you hear from people. It started to be a problem when the company did waves of retrenchments. Since I was quite junior to the team (less than a year), I'd freak out everytime they did that. Until it happened to me one day and all I could do was think about the compensation to make me feel better. The sad part was that, I think the people they had selected to go were not really under-performing, it was just that they were newer than the people who are staying or that after a certain project is completed, they just downsize that easily.