PROS: It's FREE, as the great outdoors should be. Gravel roads are well maintained. Spots are far enough off the road w/o being too far from your car (~250 ft). Easy to access for any mobility-level or age. Peaceful and quiet except for the occasional passing car which is to be expected. Spots are relatively well spaced apart. Fire-pits galore! And our spot came w/ wood the last people left - thank you whoever you are! There's also plenty of other wood to gather if you aren't so lucky/didn't bring any. Absolutely gorgeous views - mountains, aspen, pine, wildflowers, etc.
CONS: We got there later in the evening and didn't have any issues with bugs but the next day the bees were out in full force for our lunch. There were some ants but they never really crawled on us or our stuff. Did see one tiny spider on the ground but otherwise didn’t seem like a very spider-ey place.
NOTES: Parking is only along the right side of the road so heads up. No restrooms. No water/stream access from the sites which is always nice to have but still. Farish Recreation Area is right down the street (although military only) and Rampart Reservoir is open to the public for $7/car in the same general area.
Overall, cannot complain especially given that it's free! It's a gorgeous spot right outside of Woodland Park and only 35 minutes from Manitou Springs.