Pros and cons of a contract job

This applies mostly for I.T people. I know, cos currently I'm in a contract job. If you're undecided when offered a contract position, read on:

Pros:
* more pay (yeah, right)
* good excuse on why you left this job when it expires
* learn an industry skill and move on

Cons:
* might not have EPF and other benefits (medical etc)
* company wont invest on you by sending you on training
* not included in meetings
* contract might not get renewed
* your only marketable til your 30 or for ladies (til your married or knocked up)
* they tend to maximize your usage by giving you long hours (value for money mah)

Remember to read the fine print before signing anything.
Any more ideas on the pro and cons, people?