Pros: Looks great (on and off), well built
Cons: price, limited to their baffle/trim
I had the opportunity to test out this light very briefly thanks to Vinnie at Ferguson. The light appears to be extremely well constructed, on par with other high end LED's.
The genius or achilles heal of this light , depending on which side your on, is that it replaces your entire recessed light baffle and trim kit (its plain white on this light). I assume this was to allow the manufacturer to get the actual light emitting portion closer to the edge of the recess (but I'm just spit balling). This wouldn't bother me, but if you are partial to black baffles or a fancy gold trim kit, you'll have to go with out.
The light and heatsink are huge, especially compared to a standard LED floodlight. On the back of the unit, it has 3 fins that can be folded out to help secure it in the recessed light can (they seemed pretty sturdy).
I tested this light in a normal receptacle, not in a recessed light can, but this still allowed me to assess the color temp and fill capability. Its rated at 2700k and I'd say thats pretty accurate. Its has that warm glow you'd expect from an incandescent bulb, not that harsh blue hue you get from some cheaper LED's. The light seemed to "flood" really well, emitting a good blanket of light.
I only had about 5 minutes with this light and was testing it in my garage, not in the home, but based on the color temp and construction and compared to other LED floodlights, I'd say this is a pretty good LED solution if you are looking to spend the money. The rep said they sale for around $90. If I were to make the LED investment, this would probably be the light I'd go with. That said, $90 is a little high for me (I have 32 recessed light cans), so I'll have to wait for the cost to drop a bit.