Pros
This company has several significant pros for freelance workers. I've worked for several months as a writer and have really enjoyed the unlimited work available, high pay and interesting assignments. There are almost always several thousand assignments available. You can easily exceed $20 an hour if you submit high-quality work very quickly. The assignments are pretty interesting, particularly if you love finance and copywriting.
Cons
Without the editor problem, I would totally give this company five stars. The editors are very inconsistent. Most people stay with the company because of high pay, but the editors are starting to get on my nerves. With the same writing style and same grammar mistakes, one editor will say "great job!" and another will reject my assignment. You may not be paid for a rejection. It's very frustrating. I usually have no real idea of what I did wrong. This is because the feedback is extremely vague.
If I do know, I'm not likely to fix the problem if it drops my per-hour pay down to below $10. Low per-project pay encourages fast writing. Fast writing is NOT writing of the highest quality. If I spent two hours on a piece, it would be much better than the 30 minute articles I've pumped out for CS. Bussiness owners, do yourselves a favor and pay more if you need written articles and product descriptions. Give writers enough time to develop quality work and you will not be disappointed.