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Pros
Pro Most actions will still work without internet access
Your settings are stored locally, and as such when the internet goes down the automated tasks will still keep working - as long as they don't require any internet interaction.
Pro Very easy setup, pairing, and installation
To set it up, all you have to do is plug it in to your router (just initially), add in your Wi-Fi password, and then you're free to move it anywhere you choose.
Pairing is just as straightforward. While other systems have trouble connecting new devices even after multiple attempts, the Staples Connect typically worked on the first or second try.
Cons
Con Spotty performance when multiple products connected
If you have lights from multiple different manufacturers, performance can take a significant hit. Some lights may turn on much quicker than other lights (Phillips Hue always seemed to be the first to react), but given enough time the changes always made it through to all the lights. Sometimes unpairing and re-pairing lights increased performance.
Con No support for WeMo products
Belkin's WeMo ecosystem isn't supported by Staples' ecosystem.