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Pro Lifetime updates
Pay once, get updates forever.
Pro Compatible with Photoshop PSD files
Affinity Photo can import and export .psd files.
Pro Interface will be familiar to those coming from Photoshop
The interface, especially the Photo persona, is laid out in way that's very similar to Photoshop - a panel for icons for tools on the left, a panel for information and settings on the right.
Pro Supports layer styles
Layer styles allow non-destructively applying effects to a layer.
Pro Personas allow separation of concerns
At a high level the interface is organized into broad groups of tools called Personas. Personas like Photo for in-depth image manipulation, Liquify for warping the image, Develop for basic RAW photo development and Export for exporting. Each persona displays only those tools that are needed for that task.
Pro Great performance
Uses the GPU extensively for fast speed on any platform.
Pro Powerful effects
Dozens of visual effects available. All run extremely fast with live previews
Pro Non-destructive adjustment layers
extensive adjustment layers are non-destructive.
Con Limited selection of plugins
Plugin support was only recently added to AP and not many plugins have been created for the program so far.
Con Can not import gimp or krita files
Free alternatives like gimp (and krita) are sort of "go to" apps i can allways install and use for simple image editing or graphics on any computer. I find affinitys support for photoshop is great, but having support also for opening and editing gimp and krita would make the versatility and use of this program absolutely superb.