Pros
They will pay for your ARC.
Pay is decent, and if you spend modestly on living expenses, you can save an OK amount of money... which you can then use on vacations in surrounding countries.
Good work/life balance. Many teachers had time to take Chinese classes, work a second job, and/or go on vacations in China, Indonesia, Thailand, Japan, around Taiwan, etc.
If you ask, teachers with experience will help you with your lesson plans.
Cons
The teaching methods, textbooks, and tests are antiquated, sometimes confusing, and often focus on rote memorization.
You don't get to choose whether you teach adults, children, or both. They place you where they need you (usually there is a higher demand for children's teachers).
It's hard to get enough/more hours, so often times you have to work a second job.
The initial training involved watching a lot of videotapes and was not very helpful.
You will always work Friday nights until 9:30 pm and Saturday mornings starting at 9:00 am.