Pros: Works perfectly -- exactly as advertised.
Cons: It's a little pricey.
This product does exactly what it promises. I was trying to use my XBox 360 as a media extender and got constant connection errors with my desktop over a wireless network. Since plugging this product in I have had absolutely no issues. Windows Media Center pops in a matter of seconds, and my recordings run smoothly with no lag at all. Best purchase I've made in a while.