I still think that the syntax highlighting is a bit slow with Visual Studio, along with startup time to load and initialize all the extensions/plugins, and basic stuff that the IDE requires. But hands down, the Microsoft compiler that comes packaged with it creates some of the best code output for Windows. Advantages? not too sure really... It does implement a lot of the newer C++11/14 features, but lacks a few important ones as well such as constexpr last I checked. If you really want to have more of the updated C++ standards features, I would suggest GCC or clang. For Windows you'll be using a port of GCC called Mingw, and I would suggest getting the mingw-w64 repository build.
I ran into some bugs with code formatting when using lambda's too recently which were submitted to Microsoft in hopes that they would come out with patches for VS 2015 before the official release.