Pros: Price, size and incredibly easy assembly. It's the perfect loveseat if you're looking for something cheap and not a piece of furniture you plan on keeping for a lifetime. It's perfect for my apartment where I'm the only one sitting on it.
Cons: It's VERY firm, but for the price you can't beat it. I did end up taking a 3 hour nap on it so it's bearable. But if comfort is key and you want something where the cushions sink in when you sit, pass up on this one and invest in something higher quality.