Pros
I've been working with AsiaEdit for over 6 years now and I absolutely love the flexibility that comes with the position, in terms of the schedule, location independence, and the autonomy of the work environment. I find it pays well, with the opportunity for pay raises and bonuses over time. Furthermore, the team has been nothing but friendly, supportive, and communicative. It's been really helpful as well to receive regular feedback, as it ultimately helps me improve my work.
Cons
The biggest con I've encountered is that sometimes you may get work that is outside of your main field, which ends up taking longer. I personally enjoy the challenge, but have run into papers that I feel could have been done better if assigned to someone with more knowledge on the given topic. But this isn't always the case, and I find that it occurs more during rush periods when most editors' schedules fill quickly.