Aluminum:
Pros:
* Generally the cheapest kettle available in 5+ gallon size
* Very light weight, making for cheap shipping, and easier transportation and pouring
* Excellent heat distribution, resulting in rapid heating and cooling
* Easily drilled for installation of a ball valve. This can come in handy when/if you decide to move to All Grain brewing
* A new aluminum kettle will last for the length of your brewing lifetime with proper care
Cons:
* Passive oxide layer must be created and maintained. This is done easily enough by filling the kettle with water and boiling for ~30 minutes. You'll know it's there when the inside of your kettle has a brown discoloration
* Although an aluminum pot will likely last for as long as you need to use it, it probably won't last forever. If you inherited your great-grandparents aluminum pot, leave that for spaghetti
* CIP cleaners cannot be used without damaging your pot. With aluminum, you'll need to use old fashioned manual labor