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Pros
Pro Adapts to ones workouts
The watch can adapt to the routine one is using for their workouts in order to suggest other workouts the user may be able to handle. This basically works as a simple personal trainer, which can be encouraging to the user.
Pro Heart rate monitor is not necessary for every workout
Luckily the extra monitor is not necessary for every workout, which is nice as it can be a pain to hook up correctly and is a bit of a chore being an extra piece to worry about.
Cons
Con Setting up the heart-rate monitor can be a chore
Finding the correct placement for the heart rate pad to record correct reading can be difficult to do, which may be time consuming and a PITA.
Con Movestick can't be run on OSX
Software for the device is not OSX compatible, though users could emulate a Windows environment and use the software that way.
Con Heart rate monitoring can be hit or miss
There may be times where the monitor fluctuates out of the norm, which leads to incorrect readings. Normally this is understood when using something like a smartwatch, but to see it happening with a device that has a separate band to record heart monitoring it is a shame to see.
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