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Pro Bridge is capable of controlling 50 light bulbs
A bridge can support up to 50 light bulbs, so you are pretty much able to control every light in the house unless your house is as big as the White House.
Pro The scene is fully customizable
The app allows you to set the color and light intensity to attain your desired mood.
Pro 17 beautiful preloaded scenes to choose from
Not only can you choose from 17 preloaded scenes, these scenes accurately and beautifully displays the intended mood as well.
Pro No need to host own server
If the Meet Hue cloud service presets and scheduling capabilities meet your needs, you can avoid the need to have your own server.
Con Requires a working internet connection.
This approach would not work if your internet service provider had an outage. Apps that communicate directly with the bridge would be fine so long as the local network is up, even if the broader internet was down temporarily.
Con "Functionality is only supported with the first generation Hue mobile app"
Some users may get this warning. Not quite sure exactly what it means.
Con Overly basic Dawn/Dusk simulators
Meet Hue app provides one simple preset for dawn and dusk, both just ramp up the brightness to one color with no intermediary colors/brightness like a real dawn or dusk would.