Pros:
Middle of the lane mall. Doesn't have the overly cosmopolitan/snobby feel of the Fashion Show and Forum Shops, doesn't have the tourist bullshit of the Miracle Mile, not as ghetto fabulous as the Boulevard.
Inexpensive.
SPENCERS!
Holds(or held) a lot of childhood memories for me.
Cons:
Has a lot of the same stores as the Boulevard, but not as good a selection.
Was a lot better when I was a kid.
Weird location that's in a kind of depressing neighborhood.