I know this thread is old, but I'd love to help anyway for those who stumble in
Pros:
1. easy to understand
2. prevents white from taking full control of the center
3. low theory
4. solid and not an easy win, especially the Qd8 variant.
5. restricts white's choices to very few if he wants an advantage
Cons:
1. loses tempo w/ multiple Queen moves
2. not great to play for a win/ not many attacking chances
3. if white is well prepped, he certainly will get an advantage
4. passive/ less space
5. (just my opinion) dull/ not much variety to the resulting positions
The title says it all. Approx. 80% of the opponents I face play Scandinavian Defense and therefore was looking for reasons besides the obvious.