Pros
LucasArts has access to some of the most powerful licenses in the industry. We also have managed to hire some of the most passionate game developers in the country. The location is amazing, the amenities very nice and the atmosphere is good. The promise of synergy between the various LucasFilm companies is tantalizing.
Cons
Recent layoffs and change of administration have left a gaping hole in morale and in the power structure. What is rushing in to the vacuum so far does not appear to be positive (or positive enough) in either case. There are many high level management types who have little to no game development experience. On top of that lack of experience, they seem to genuinely enjoy making decisions that affect everyone downstream from them without taking those people into consideration (i.e. talking over said changes). I have never seen so many ridiculous charts, graphs, documents and procedures accrue over such a short span in my life. There was a document on how to have a meeting (purportedly to simplify the process) that looked like the flow chart for programming the software to run a nuclear reactor. It was that complicated, not to mention so colorful that it was unreadable and also appeared radioactive.