Pluses:
- It's FREE.
- Better than filters which are not retroactive.
- Buried deep in the tool, several tedious clicks to get to them
- No way to suppress GA's canned segments
- No way to export or import segments or filters (get a piece of paper and pen out)
- Cumbersome drag and drop interface; it feels like a toy
- Limit of 20 criteria per segment (are you kidding?)
- Inability to join or combine segments themselves using Boolean operators
- Segments are tied to you, the user and your GA account; in practice this means that all of your segments follow you across site profiles (no way to manage them) but not across GA accounts.
- No way to categorize the segments you have
- Cannot be used with Absolute Unique Visitors (why is this?)
- Of course it is subject to the limitations that all JS-based site metrics tools have, i.e. ignores all of these accesses. See my other post on the subject.
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