Ranked in these QuestionsQuestion Ranking
The most stylish among all FMs.
Pro Easily open as root
Option to open folder as root from within the right click menu.
Pro Easily open file location in terminal
Option to open a folder in terminal, which can help executing commands such as bash.
Pro Has dual pane functionality
This functionality was removed in Nautilus and Dolphin at least in Ubuntu-Gnome, but Nemo kept this option, making the obvious functionality of cut, copy and paste much easier.
Nemo can be extended to have additional features through third party plugins.
Pro Supports bookmarking
You can bookmark folders that you open often, this way you can easily access them from anywhere while using Nemo.
Pro Double pane and search by name capabilities
Pro Good networking options
Supports ftp, ssh and samba connections.
Pro Queues file operations
Con Changing the background color or font type for customization is not practical
You have to do it with finding and editing the relevant CSS files. No buttons, menus or sliders for such customization.
Con Incomplete mimetypes
Like all nautilus forks it allows you to run svg-files due some incomplete mimetype coverage.
Con Depends on GNOME
Depends on gnome toolkits an libraries.