Pros
As consulting companies go, Redpoint is unique in its "purity" of talent - there is no dead weight, and the consultants there tend to be very enthusiastic about their work and willing to share their knowledge. As a result, Redpoint projects are largely successful, and there is great opportunity for personal growth.
Most work is local (primarily Chicago, with some suburban clients); very little hop-on-a-plane type travel is required. Management goes out of its way to funnel travel-oriented engagements to employees who enjoy (or can at least tolerate) that arrangement.
Camaraderie is pretty good for a consulting firm where people tend to be scattered among many clients. People get together for brown bag lunches (informal talks), show-and-tell nights, geeky board game nights, etc.
Cons
Consulting assignments are a mix of true project work and staff augmentation. On staff aug assignments, Redpoint consultants often work with client staff and "low-priced consultants" from other firms - and are expected to deliver many times what their teammates do (because of the great reputation built on past successes).