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Date: 2011-03-07 07:59 am (UTC)I think that for me the negatives would be a sense of guilt if I were running behind schedule getting new parts up, and a weighty feeling of obligation that might make the writing process less fun for me. On the other hand, I have that sense of obligation when I'm, say, writing for yuletide, and it actually seems to bring out my productivity, so I can't say for sure that counts as a negative.
As for the positives, there's the interactivity that I mentioned before, and also the ongoing encouragement that you bring up. It may also be that for some writers it makes them feel more committed to finishing the story.