Pros
IGN should be a fun place to work if you think about it - we're all about video games, and the office has the requisite fun stuff like ping pong, air hockey, arcade games and the occasional beer keg. Also the company is fairly small so it's easy to contact whoever you need to - just walk over to their desk or office.
Cons
Management is hugely inconsistent. Some managers are inspirational and good to work with; others are incredibly ignorant, thoughtless, irritable, or disrespectful. The longer I stay at IGN, the more I realize how political the company is. Given our small size, the level of politicization is just unbelievable. Promotions and positive feedback are given out like patronage, while inexplicably-unfavored people with the right skills and the right attitude are set up to fail. As others have mentioned, the pay structure sucks and significant raises are almost impossible to obtain. Bonuses are minuscule.