Pros
Lots of interesting technical problems to solve. Relaxed approach, very little in the way of pressure or deadlines. You get to see your software used by amazing artists to make movies ... with your name in the credits :) Incredible sports & fitness facilities at Redwood City campus. Great art classes ... painting, improv, stop motion, sculpture ... you name it. CEO Katzenberg is incredibly open and emails everyone summaries of what he's been up to every day or two.
Cons
Surprising amount of bureaucracy/corporate culture for such a creative place. Having software teams answerable to movie executives with no understanding of software development can get silly at times and leads to engineering managers spending too much time keeping the people above them happy. Overly complex software environment means it takes quite a while to learn the ropes as a new person.