Pros
Working with the best journalists in the field every single day on a variety of projects. Access to the movers and shakers of the tech industry. Opportunities to explore any section/medium you're interested in. Always something interesting to work on.
Kontras
Culture is a little stiff and formal; much more NY than SF in terms of dress code, office design (spotless, no personal mementos allowed), and dominant males deciding what's cool/fashionable. Communication is sometimes a problem, though not more than most places. Upward mobility/promotion is entirely random and circumstantial -- you might get lucky, or you might be gone.