Pros -
1. If you like terribly depressing settings, then this is the game for you!
2. Voice acting is alright I guess.
3. The whole Vincent, Lucretia and Hojo cutscenes I think are vital to the history of the trio.
Cons -
1. Gameplay isn't fun - there's no incentive to use Materia, and you can win boss battles with just a Limit Break.
2. Rest of the story - seems tacky, cheesy, and some of the villains are like WTF - whose arse did you come out of?
3. It's depressing. Way more depressing then FFVII and AC. If you hate depressing stuff 24/7, then you won't like this games setting.
4. Think thats it :/