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Pro Easily adjust the lenses
The lenses in the unit are adjustable for separation of eyes as well as for near or far sightedness. This makes sure the unit will work for most people no matter they eye spacing or sight abilities.
Con Looks cheap
The front of the device is quite large, looking like it is using a cheap screen that will have quite a lot of weight on the front of the device. No price has been announced, but the looks of the unit on trade show floors looks pretty generic and shoddily put together.
Con Not meant for VR
The product page doesn't mention virtual reality, instead it seems to be focused on augmented virtuality (overlaying virtual components into the real world instead of totally immersing the user into a virtual reality).