Pros: Good force feedback, nice leather feel,
Cons: No longevity of shifter, dirty potentiometer problem.
Pros: The wheel has a great feel to it with the leather on the wheel and shifter. The springs in the pedals are plenty sufficient and can be upgraded. The pedals themselves can be adjusted side to side using an allen wrench, only 3 possible positions for each pedal.
There are bolt on mounting points to mount the wheel and shifter to your choice of playseat, or desk that is compatible. This can also be used if you simply want more secure shifter and wheel mounting at the expense of drilling a few holes in your desk. Needless to say the plastic clamps on the shifter have something left to be desires. Where the wheel was able to mount securely to the desk with the included clamps i found the shifter was difficult to tighten down enough without feeling like I was going to break it. I used some 3M double stick tape to help the clamp along and never had an issue. I eventually did the same with the wheel mounting.
More and more games are supporting the manual gears of the shifter lately so there's a big plus. Dirt 3 is my big game that has manual gears.
Cons: The shifter feels solid at first but after about 5 months of frequent use the plastic that guides the shifter into place started to wear heavily enough where the shifter would have to be held to the left in 1st gear otherwise it would read 3rd gear. This problem happened on 3 different shifters, 2 of which were new replacements of G27 OEM, before i had to bite the bullet and buy a much more expensive shifter with all metal construction.
The pedals design allow for dust and dirt to get into the potentiometers (sensors) that read throttle, brake, and cluch levels. This can cause some problems if your pedals are not kept clean. Such problems include ghosting throttle or brake, and having less than 100%. This is easily solved by a pedal tear down followed by a good cleaning of the sensors themselves. note* taking apart the pedal assembly voids the 2 year logitech warranty. Replacement sensors are getting harder and harder to find given the age of the logitech wheel. All of this can be solved by simply protecting the pedals while not in use. I have a friend who has owned this wheel over 2 years and covers them with a towel when not being used. He has not had the potentiometer issue yet.
The last con I have is simply price, not that it is too high but it could be lower. This wheel has had no price drops aside from the general fluctuation from $199 to $250 in the past 3 years. If you can catch it on sale for $199 or less, jump on it. But I would not recommend buying at $250 or more, especially not the retail price of $299.99.