Pro: You can gamble (slots) in this airport when there is a delay.
Con: You can lose money in this airport when there is a delay.
Pro: Several food options are spread throughout the terminal.
Con: None of these places are places I really want to eat at.
Pro: The airport is so close to the Strip that you think you might be landing on the Strip during approach.
Con: It's still a $40 cab ride from the airport to the Strip.
Pro: Vegas knows how to handle a line efficiently.
Con: Lines for everything are long.
So, it's not the worst airport I've ever flown into, but it isn't exactly awesomesauce either. However, the excitement when you land is palpable, just as the hangovers on departures are.