Pros: Cheap and light
Cons: Picks up sound from any direction which may include unwanted background noise
Pros: High Quality, No background noise
Cons: Only for DSLRs with external microphone connectivity
Pros: High quality, advanced settings
Cons: Difficult to setup(not recommended for beginners)
Pros: Easy connectivity to mac or pc
Cons: Not as portable, only connects to a computer
(not to a camera)