Pros- It's really easy to drive. The steering wheel is a great slave and it feels very natural maneuvering the car with the steering.
The mileage is pretty great. I filled $10 worth of gas and drove from clear lake to college station (130 miles) and the gas tank reading after the ride was right where it was before filling.
It looks much better than the older corollas; pretty aggressive, more aristocratic and overall sportier, especially in slate color.
Cons- The acceleration is slow when starting from rest, for example at a traffic light, and you have to press on the accelerator harder to match the traffic flow. But this could be because I drive in the economy mode.
On the highway, at speeds over 70mph, if the roads are curvy, it tends to wobble and vibrate a bit.