Pros
Coming out of college I never thought I would learn so much so quickly. My programming skills advanced far faster than I thought they would. In just a short time I have ben able to work on projects that deal with payment processing, shipping, and our global website. The business people are also fun to work with and are wiling to sit down and work through the problems. It is cool to see these project come to life and be used by so many customers worldwide.
Cons
Sometimes you get thrown into projects with little knowledge and experience. Senior devs are busy on projects as well so you sometimes have to dig and figure things out for yourself. When they are available they are always willing to help dig. At times project come with quick deadlines and take some "extra" effort to complete.