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Pro Software compatible with the Raspberry Pi
ODROID-W is compatible with the Raspberry Pi at least as far as software goes. It can run any software built for the Pi.
Pro Amazing heat dissipation
The ODROID-W has some great heat dissipation. From studying the heat of the heatsink, the maximum temperature registered was 37 degrees Celsius, and that was registered when the board was doing a lot of unpacking through apt-get. Normally the temperature is even lower than that.
Pro Can fit most Pi cases
Since it's built to emulate the Raspberry Pi, it's roughly the same shape albeit a bit smaller. But even then it should be able to fit most Raspberry Pi cases.
Con No on-board Ethernet
The ODROID-W has no on-board Ethernet port available, however this can be fixed by using a docking board which has an Ethernet jack.
Con Needs a multi-USB hub
Since it only has a USB host connector available for a full-sized port, you most certainly will need a multi-USB hub to connect more than one external devices to the board.