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Pro Rich, stereo audio
Ion is traditionally an audio company, so it isn't really surprising that they managed to create a product that offers good audio quality. These won't provide the same boom as dedicated speakers, but they'll do the job for most tasks.
It should also be noted that these don't need a wall plug - all the power they require can be taken from any regular light socket.
Pro Easy to use app
The app is very basic - you can control the brightness for the bulbs or turn them on and off.
Pro Simple setup
There's no hub required, and the bulbs pair easily directly to your phone. The process isn't any harder than pairing a bluetooth speaker.
Con Limited to 2 speakers
While you can have virtually endless numbers of Ion Shines hooked up at once, only 2 can play audio at once. It would be really handy if you could connect more up, as their sound would compound making it seem louder and richer.
Con No automation
Con White light only
While the lights are dimmable from your smartphone, most smart bulbs offer a RGB LED which lets you illuminate your room/house with different colors and shades of white. These lights only have 1 shade of white, and can be dimmed.