Pros Amazingly clear sound, once you use these, you'll never want to use anything else.
Just the right amount of bass, it neither smothers the vocals nor is it too subdued.
Great build quality, the wood looks great!
Cons None, you get way more than you'd expect from headphones of this price range.
Summary These are a must have. The quality of the sound is just amazing, even at loud volume. The bass is perfectly balanced (assuming the actual sound file is of decent quality), I personally hate it when headphones/speakers pour on the bass, there is such thing as having too much bass. With this you can enjoy some bass-heavy rock songs and light, treble filled classical songs. It's just perfect.
They look great, they have a nice vintage look, the wood is lacquered, but it still has a nice grainy rough look, definitely not a "fake wood" look.
The cord doesn't tangle much, if not at all.
Basically, these headphones are great for everyone, especially for only $40-$50 US.