Pros
There are a lot of good people here. I'd argue intelligence level is at least above average. Generally people are helpful and friendly. The silly events (Summer Camp??) are silly but still fun. Base pay is competitive. A lot of executives seem to lack strategic/forward thinking, but thankfully Peter Steinlauf is still alive to kick some butts and to bring in new ideas.
Cons
Total comp is not competitive. While base pay is about market, they don't have a regular bonus program (only 5% this year) or equity. Generally that could be valued at around 20k annually for a senior engineer. Also a lot of executives lack strategic thinking (despite spending a lot of cash on consultants). Peter Steinlauf needs to light a fire under their butts. Other reviews complain that Peter is a negative but I'd argue he's the reason I still have faith in the company. If Peter goes away, I'd fear the management would be too complacent and it'll follow the fate of Blockbuster/Circuit City/Radioshack.