Advantage- Last longer than rubber and are slightly stiffer. I have been replacing worn bushes with the poly type and have noticed a slightly less 'wallowy' ride.
Suspension bushes are basically the same to replace as if using rubber.
Disadvantages- Slightly more expensive, but diff bush has lasted longer than 2 genuine rubber bushes.
You have to retain the ally housing from the duff rubber bush and insert the poly into it. I made a press using a bench vice, big sockets, sticky back plastic etc. etc. but it was easy enough to do.