Lineage OS is custom OS/ROM for Android devices. Lineage is based on (AOSP) Android Open Source Project code.
Ranked in these QuestionsQuestion Ranking
Pro Mostly a stock Android experience
Lineage OS keeps most of the aesthetic and conventions as they are in stock Android. It uses that as a base to build on top of and add customization options. There's even a Google Apps package that will install the stock apps and Google Now Launcher, but can be avoided if a cleaner experience is preferred.
Pro Provides granular control over personal data
Compared to stock Android, Lineage OS gives a lot more control over user's privacy. There's a permission manager that can be used to prevent certain apps from accessing certain information, a blacklist for blocking any unwanted calls or messages for specified numbers and notification filter that can be used to remove certain apps from popping up in the notification area.
Pro Regular updates
Lineage OS is good about keeping up the development speed. Security issues as patched as soon as new exploits are found and often devices can be updated to the latest Android version using before a carrier issues an update.
Pro Better performance than some bloated stock roms
Lineage OS offers a more simple and less resource intensive OS option to those using bloated Android versions such as what is found on Samsung/HTC devices.
Pro Lots of customization options
The main strength of Lineage OS is the customization options that it brings to Lollipop.
For example, status bar items such as clock and battery can be customized, pending notification count can be displayed in the status bar, Quick Settings tiles can be reorganized. It can be set up to adjust brightness by sliding across the status bar or access Quick Settings by pulling down from the edge of the screen. On devices like the OnePlus One there's the ability to switch between onscreen and offscreen navigation buttons. Layout of the onscreen buttons can be changed.
Pro Built-in file browser
Lineage OS comes with an application for browsing files on the filesystem called File Manager.
Pro Powerful theme engine
Lineage OS theme engine can change almost every aspect of Lollipops design. It evens allows mixing and matching parts of themes.
Pro System profiles can be triggered based on set criteria
Lineage OS includes the ability to define profiles that include a set of system settings. For example, a profile for home may include turning on Bluetooth, while a profile for Office could turn down notification volume. They can be switched manually or based on triggers such as location, when on certain Wi-Fi networks or ner a specified NFC tag.
Pro All sounds can be adjusted in one place
Lineage OS allows adjusting media, alarm and ring volumes in one place.
Pro Built-in weather information
Lineage OS has built-in weather information accessible from the Quick Settings and powered by Yahoo Weather. From there the weather information can be tapped to access a weekly forecast.
Con Possible stability issues
Installing community made custom ROMs such as Lineage OS there may be inherent stability issues. Enthusiast created ROMs have the potential to be wholly or partly unstable depending on the device and/or community.
Con Possible security risk
By rooting an Android device (something that has to be done in order to install Lineage OS) one opens themselves up to security risks as it is now possible for apps to control parts of the phone they used to not have access to.
Con Not an OS
It is just a modified Android(Android-Distribution) so: No Android = No LineageOS.