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Pro Remote code inspection
Pro Synchronization is very fast
The rendering across different browsers and devices is fast and accurate.
Pro Setup is easy
Setting up Adobe Edge Inspect is rather easy. The Edge Inspect application itself is needed for desktop and a chrome plugin. For mobile devices, there is the Adobe Edge Inspect mobile app which needs to be installed. Once the Inspect program is "switched on", it will start watching all devices that have Edge Inspect enabled.
For mobile devices, the Inspect app will generate an authentication code which needs to be inserted into the Chrome plugin. Once that's done, the devices are synchronized.
Con Requires a lot of additional software to be installed
Adobe Edge Inspect requires at the bare minimum, the Edge Inspect itself to be installed and a Chrome extension, just to get live-reloading and syncing for desktop. For mobile it requires additional apps to be installed from the Play Store or the App Store.
Con Not free
It's free only for those who have an existing Adobe Creative Cloud subscription. Otherwise it needs to be purchased. Although there is a free trial.
Con No longer developed
As of November 2015, Adobe is no longer developing Edge Inspect.