Pros
The people, what are left of them at least. The technology, the gear discounts. The passion for the industry and love of product is...err...was pervasive.
Cons
Clueless executive staff are running the company into the ground. They could care less about the products, customers, or the employees. Their only goal is to keep cutting and offshoring until they can show a profit. Then problem is we are entering a death spiral, engineers are leaving in droves, which is causing more more engineers to start looking, which is causing testers and project managers to start looking. Yeah, executive staff will eventually show a profit, due to the fact that we'll still be able to sell products for a while and they won't be paying employees. Employees are the biggest hit to the balance sheet you know!