Pros and cons of noje.js ?

Hi guys,
I've read about node.js. Found it interesting as it allows to do server side with just Javascript! And also found that many million dollar companies are using it now, like ebay, linkedin, etc...!

But what are the pros and cons of it? I checked the docs, but just like any other documentation, it tried to confuse me. So, I just left it.

If you have used node.js before, can you please share your ideas.

Thanks in advance :wave:

Almost as good as classic ASP huh?