Pros: Good overclocking, SLI / CFX, nice colors
Cons: Price (now), Sleep bugs
Bought one of these boards to get my 1155 build going, back in March of 2011 (shortly after release). I received the Rev 3.0 version. I honestly couldn't be happier with this motherboard. It takes my chip as high as it'll go, its got tons of expansion room with the PCIe layouts, great SATA ports, the color scheme is fine if you like blue. I can honestly say I have never had a major issue with this board. It just flat out works, and it works very well.
The Marvell SATA 3 ports suck. Period. Don't use them for a SSD, use the Intel ones (even if you're using an Intel RAID). There's a sleep bug, but that seems to be apparent with most 1155 boards.
I honestly couldn't be happier with this board. I wouldn't buy it again, but that's only because its too expensive now compared to similar boards, and z68 boards. If you find one for cheap though, its definitely a great board. It also will support ivy Bridge in 2012 when its released (already a BIOS out for it as of this review date).