The Seaquest Latitude is a good entry level BCD. It comes in a couple of colors including red (highlights) which a lot of people seem to like. I am more of blue and grey person myself.
Before getting into the Pro's and Cons, here are a couple of questions:
1. Are you buying the XLT NModel?
2. The shop where you are buying it, do they have your size and did you try it on?
3. Have you had the opportunity to try it out in the pool? Rental?
4. Have you ever "really" tried a back inflate?
My mantra, like many others on Scubaboard, is buy once and buy right. Depending on how much you dive and how serious you are, you may want to look at some higher end BCD's like the Balance or Pro QD by Seaquest. Most folks who dive often migrate to a back inflate BCD.
What I like about the Latitude:
1. Good Value for the price for an entry level diver who isn't afraid to upgrade later on.
2. If you are buying the XLT, I like the sure lock weight system.
3. The Octo Pocket is a nice gadget, although if you buy the BCD with the Airsource 2 or 3, you don't need the pocket.
4. Most people find the Latitude XLT a comfortable fit.
5. Trim weights on back of BCD.
6. A lot of people like the big pockets. Not a pro or con in my book.
What I don't like about the Latitude:
1. If you are not buying the XLT, you will end up with Velcro Pockets. I hate integrated Velcro Pockets. Over time, they wear out and do not provide a good attachment. If you are shore diving and sand gets in the velcro, you can say good bye to that pocket.
2. Cumberbund is not integrated.
3. It is a jacket style. Admittedly, I dive a Backplate and Wing, so I prefer a Back Inflate when wearing a BCD. In fact, when I teach, I am usually in a Balance. I find Jacket Style BCDs to be constricting and uncomfortable. I used a jacket style for over 10 years. It took me a couple of dives to get used to the buoyancy characteristics, but once I did, it was heaven in the water.
4. Side straps are straight and do not swivel. Does not allow BCD to contour to your body shape. If you are a bigger person, this becomes important.
5. Plastic D Rings. Useless except for the smallest of items.
6. No shoulder dump. (it does have a lower pull dump for head first descents).
7. Chest strap (if you use it) rides a bit high on the chest on me.
8. Not available in blue, although Black and Silver is decent looking.
9. On some soft weights, it is difficult to fit two five pound weights in the integrated weight pockets. When using a BCD, I usually use soft weights.
Hope this helps.
jcf
PS - Not a big fan of the i3