Pros: Easy to use and catches bass like crazy
Cons: Does not last long -Not very durable
Twins N Fins and McNiffish, I am not saying the the Senko is the end all and be all of bass fishing simply that they often work and sometime work extremely well.
While I use them, a long with flukes, worms, creatures, swim baits, and other plastics, I also use a lot of hard baits and jigs which is actually my preferred way to fish when they are working for me. I have also used a lot of the Senko knock-offs, but most of them don't work quite as well as the original Senko. One of the best of these knock-offs IMHO is the Yum Dinger.
I will have to check out the cut tail. It sounds excellent.