Pros - Amazing analog tone, tons of sound options, amazing build quality
Cons - None, unless you count sooo many tone options you can tweak for days!
I recently received this Chase Bliss Wombtone MKI. This is the older version, not to be confused with the MKII which is current. I absolutely love this pedal. Below is a video clip of me basically just tweaking knobs for 5 minutes but it gives you an idea of some of the sounds available.
Keep in mind, there are a ton of dip switches on the bottom (or front for the MKII model) that allow for even more options. This is the end all be all for Phaser pedals imho.
MTD Franken Jazz Bass (Set passive with both pickups wide open)
TC Ditto Looper
Chase Bliss Wombtone MKI
From Chase Bliss:
Do you remember the womb? I imagine this pedal feels like that experience… warm, thick, lush, atmospheric, analog, fluid… you know, womb-like. In short, it’s a super rad phaser. This pedal features an analog signal path, but every knob is connected to a little digital brain (aka microprocessor) that interfaces with the analog effect. Your guitar signal stays analog the entire time and never gets digitally processed. Since the control of the effect is digital, it opens up unprecedented effects that have never been heard in an analog stompbox.