Pros
At the annual picnic, if allowed to go, their was a dunk tank with management in it for 20 minutes. Affiliation with certain religious organizations that managers frequent have more pull than actual job performance.
Kontras
You position is too baby sit poorly written software with no real test environments to against. Management uses developers as scapegoats for all of their failings. The result is a resolving door of developers. The bad ones stay and goods one run. Expect to work long hours and be rewarded no raises, formal demerits, and knifes in various organs in order to shield management from accountability. All new projects go to India (they also are used as scapegoats by management). Project Management Office is focused on self preservation at the expense of their projects, staff, and overall company. More managers than developers.