I've owned quite a few Sakos through the years. They are as a general rule extremely accurate with excellent triggers. You might want to also check out the Tikkas. They have the same excellent barrels but without some of the spit and polish of the Sako rifles for a good bit of price savings.

As far as cons, I can't think of any. Some folks don't like the extra expense of Sako rings, but you can always use standard rings as well.