Ranked in these QuestionsQuestion Ranking
Pro Free an open source
K-9 is available for free and licensed under the Apache License version 2.0 with source code available here.
Pro No privacy concerns
K-9 mail does not use too many system resources when using the app, which allow it to be fast and lightweight.
Pro Complete PGP encryption
It's possible to complete encrypt email communications via PGP using K-9.
Pro Material UI version
There is a fork of K-9 available on Google Play that uses Material design, improves the interface a lot.
Pro Optimized for phone and tablet
On a tablet the UI looks a little different but given the extra real estate is logical.
Options to enable UI widgets a plus, can be enabled on a tablet and disabled on a phone.
Works well with locally maintained IMAP server.
Pro Excellent email threading
Threaded email support is better than most.
Con Noisy UI
The user interface is bland and tries to cram a lot of information on screen, making it unpleasant to use.
Con Emails received as forwarded EML attachments are not natively supported
When you receive an email which was forwarded as an EML attachment, K-9 Mail is not able to open it natively. It opens it using a third-party application registered for this mime-type on the device, if any. The Gmail email client app is able to read the EML attachments, thus you need to have it installed as well (or any other EML capable app).