The con is that when you have to drop the pan next time, you get to scrape the entire rail clean.
Don't they make any sort of higher end seal like the fel-pro silicone ones made for engine oil pans?
I was always a fan of the rubber gaskets over cork, simply because back when I ran automatics, I was always having to drain the fluid to pull them. I could reuse the rubber one.
Probably would have failed eventually, but I didn't run it long enough to harden up I guess.
Personally my favored approach IF I used a gasket and sealer, was to seal the pan side, and leave the housing side bare. Scraping junk off valve covers, trans pans, or diff covers is a lot easier than trying to get it off whatever component is still in the vehicle.
Besides, unless it's visibly screwed up, the trans pan mating surface is guaranteed to be flat...the pans are what don't seal because the rails get warped.