For my movie room I could do with an LED keyboard just for kicks. I only like Red or Purple LEDs. Blues are sooooo bright.
Does it have good adjustable lighting?
What are the bad points to the keyboard?
The key backlighting is adjustable. (Hold down the Fn key and press 2 for down and 8 for up) The lowest brightness is pretty dim and the highest is pretty damn bright. The settings are: Off, low, medium, high, and slow fade in/out f mode that's cool to look at but distracting in practice. The capslock/numlock/scroll lock lights are full-on bright and stay bright regardless of the backlight settings. Some people might not like this.
I have not had the keyboard long but I have not found much that I don't like about it.
The media keys are Fn key combos on the upper row F keys. I like this just fine but some people might like dedicated media keys.
Supposedly there are macro or profile keys but those seem to require the bundled software. I don't care about that in particular, so I don't install the software and I don't know how they work.
The audio ports on top are a pass through (There are audio jacks on the end of the cable) Personally, I like this. I find KBs that have a usb audio adapter built in to facilitate headphone/mic are a PITA. Windows is sometimes pretty dumb about audio devices.
The monprice site says the keyboard has 64 NKRO (or whatever) but some say it has full NKRO over USB (Like the KB that it's based off of)