Per pro #2, if you do not get looped in with the ex-Booz crowd you may not enjoy your experience. Make sure your RP is ex-Booz, and if not, network your way in with one.
Work-life balance. But c'mon, it's consulting.
PwC has all the bureaucracy typical of a large corporation. It's tolerable but less than ideal.
Staffing is mostly based on networking. This can be a plus if you get a good reputation (trust me, you'll be begging to be on the beach), but if you develop a bad reputation it can be a death sentence.
Healthcare could be better, but if you're young and fine taking a high deductible plan then whatever.
Retirement is good but the vast majority vests over 2-5 years, so if you're planning to do the typical "2 years and then bail" then you'll be left with nothing.
Rarely will you do growth strategy for F500's. Generally we win 2nd Tier projects (i.e. cost cutting, reorg., etc.) for the top corporations, and only win true growth for smaller companies. If you know what you're getting, then this is fine, but don't expect to be coming up with Walmart's 10-year growth strategy.