Pros:
- thermal insulation
- gives a good touch feeling
- makes a cosy look and atmosphere
- so far it is more scratch resistant than vinyl
- according to description should be resistant to mold
- relatively easy to apply since it comes in tiles, also it is thick and does not make blisters
- easy to repair due to natural cork pattern, a patch won't be visible from a short distance already
Cons:
- relatively high price
- relatively low availability
Ease of application and resulting quality compensate price.