Pros and Cons: Ep01 - Proboards [Hosted]

So as part of a series exploring hosted and Self Hosted options I'm starting a series of threads to cover all the major hosts and self hosting options (If I miss any let me know!)

Pros

Easy set up
Access to the HTML in template groups by the layout template options that you can reset as needed
Powerful label system that ties straight into the search system
User Friendly
Unlimited in terms of layout (your imagination and HTML knowledge is the limit!)
Plugin and play for code options
Custom Pages

Cons

Strict in its enforcing of its Terms of Service (any site non PG-13 is at risk of deletion)

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Have I missed any? Post here