Pros : This glue is nothing short of awesome! Yes, it does take a while to set up, but that isn't a bad thing at all! Using just a little bit is the key, don't squirt a large amount on your piece as you will find that the pieces just 'swim around' until the glue is dry. I will never try anything else! I do not have a haze ever from this glue. This stuff is the best!
Cons : This does not set up immediately, so that may be a con for some. I, however, do not find it to be a con and personally like the flexibility it offers.
Other Thoughts : This stuff does what it says it's going to do, it burns off! That's so important when you are talking about the impact it has on the look of your finished piece!