Pros
Used to be a great place to work, with lots of intelligent people committed to good software development. Used to be a place where you could learn a lot. Used to be a place where you were evaluated on the basis of your merits, not your ability to play dirty small-time political games.
Cons
Homenet under Cox Auto has lost its way. Career managers with no track record have been brought in to put down innovation and praise mediocre results and "team work." Cronyism and nepotism abound. If you want a "big corporate" atmosphere where you can work 9-5 and watch your skills completely stagnate, but have good pay and job security, Homenet is a great place to work. If you want to play politics, and climb the corporate ladder, and achieve meaningless "success" (and be part of what promises to be a catastrophic failure), Homenet is a great place. If you have any professional pride or interest in self-improvement, steer clear.
