This keyboard is priced to be accessible, while still offering a good typing experience even if it lacks some of the more premium features of more expensive boards.
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Pro High quality components for a low price
The practical design of the FC500 is typical of high-end mechanical keyboards, only differing in the details. The matte black chassis has rounded corners and a simple design. This keyboard still uses the Cherry MX switches - common among keyboards that cost significantly more than the Leopold.
Pro Grainy Keycaps
This Leopold keyboard ships with PBT (short for "polybutylene terephthalate) keycaps which have a grainy texture that some might prefer as it helps prevent fingers from slipping. They are also known to withstand wear well over time.
Pro Cherry stabilizers
Pro Removable USB cable
While this might not seem like a big deal, having to replace your beloved keyboard because the cable has been broken through frequent wrapping can be frustrating.
Con No backlite makes night-time use harder
Backlite is common among high-end keyboards, but isn't present on the Leopold. While most users looking for a mechanical keyboard will be able to type without looking at the keys, sometimes the special characters can still be hit or miss. In the dark, it might take a few tries before getting the right special character.
Con No extra features (such as macros, USB passthrough)
This is an affordable board, and as such it lacks some of the more premium features found in more expensive boards. It doesn't have any macro capabilities which can be useful for heavy users (macros are recorded sequences which can be activated with a single button press - these can be used in games to automate some tasks, or in other programs to get repetitive tasks done quicker).
There is also no USB passthrough option. Some keyboards let you plug your mouse or a USB key right into the keyboard, which helps keep cables looking tidier, while being more accessible.