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Pros
Pro Excellent documentation
Arch's goal of simplicity means there's usually one preferred way to get things done - through organized and well documented configuration files. This focus, combined with the community's recognition that configuration files can be intimidating, has resulted in excellent documentation that's accessible to newcomers, and very instructive about how Linux actually works. The documentation is often so thorough that, when searching for solutions to problems while using other distributions, such as with video card drivers, oftentimes you'll find the most effective solution in the Arch Linux wiki or on the forums.
Pro Fast and simple package management
Pacman has performance advantages over apt-get and yum in both database operations (thanks to being written for speed) and download times (by virtue of using better mirrors than other distributions tend to select by default). There are also fewer default repositories to download from, and all package management is combined into one tool instead of being split into dpkg, apt-get, and apt-cache like on Debian distros.
Pro As slim or copious as you want it
Arch keeps its core repositories slim and free of unnecessary dependencies. At first installation only a bare system is set up. You can easily get the other applications through the package manager. The repositories are nearly as full as those of Ubuntu, while they are often more up to date. That way you don't have to waste time with software you don't need or want.
Pro Helpful for understanding how Linux is installed
Arch does not come with an automatic installation process. The user is expected to walk through the installation steps published on the Arch wiki. This is very useful if, later, something happens to the installation as the user will be more familiar with the foundational steps required to get a full blown Arch installation working.
Pro Helpful community
If searching through the wiki or the forums for any problems turns nothing, any question on the official forums, Arch subreddit or the IRC channel will be answered within minutes. There will probably be no hand-holding however, Arch users prefer to point anyone to a resource that may help them instead of trying to outright solve their problem in a forum thread. This is quite helpful for people who want to really learn how their system works but also for other people who may stumble in that thread considering how most problems don’t have a universal solution.
Pro Excellent package management with the AUR
The AUR is a repository with a very extensive catalogue of build/install scripts that are contributed by users. While these scripts are inherently less secure than conventional packages maintained by a distro's authors, it's still way easier to verify the security of install scripts than it would be to write them yourself. It's very usefull.
Cons
Con Not for the faint of heart
Arch only holds your hand a little bit of the way. While documentation is great, you are expected to know what you're doing. The result is that when you find the solution for a problem on a forum or elsewhere, the response may be completely over your head. If you're not well-versed in Linux, what would be a minor issue on another distribution can become a drawn-out research project on Arch, as you learn all the inner workings of the operating system, until you understand it well enough to solve your problems yourself.
Con Fragile packages
Updating an Arch system is always a gamble. The problem could be as simple as a package having a bug causing a program to crash on start or it may be something bigger like the WiFi or Bluetooth no longer working. There is also the slight chance the system may not even boot at all after a large update.
If the user does not plan to read the forums weekly/daily or update fairly often, things can go wrong very fast.
Recommendations
Comments
Flagged Pros + Cons
Pro Stripped down to the bone
Since its stripped down, it is fast and you don't have to deal with bloatware.