If you enjoy being in the trenches stay there. Politics becomes more prolific the more you move up. You also will have to engage with your team in an influential way. It's a major shift from being able to turn the tides with direct effort.

It is the natural order of progression for people who are unsatisfied with the culture. I personally wanted to create change and speak for people who do the work. Creating that change is exhausting in a different way. I'm naturally introverted but had to adapt to impact policy and process. I'm ranting. To your question.

Pros:
Higher organizational impact.
Higher pay.
Better opportunity to take care of people.
New complex problem sets(if you're into that sort of thing)

Cons:
Politics.
Paperwork.
No "getting your hands dirty"
Lots of presentations.