Pros: This is a great piece of gear that I wish existed years ago when I first started music. It includes recording software, though I prefer Garageband.The keys feel good, the drum pads respond well and it has a small footprint on my desk/ is easy to stow when not being used. It has 2 cables: one for USB powered recording and the other for iPhone/iPad devices.
Cons: The power adapter is 45-50 euro, which is ridiculous! Since I primarily use it with my iPhone (easier to edit songs while on transit) I need to use AA batteries and it's been semi-convenient to use rechargeables. Honestly, this keyboard should include the power adapter instead of making it an expensive upgrade.
Next, the stand that comes with it WOULD be cool, if it was able to handle a phone w/ a case.
Aside from that, this thing rocks!