For those who may have played the PS2 version, there are a few new features, including a batch of Christmas-themed missions, some new classes, and a really minimal multiplayer mode. It's probably not enough to justify buying the game again, but Bully does hold up well to a repeat playing if you can snag a used copy. And if you never got around to checking it out the first time, this new edition is the perfect opportunity to go back to school.
Pros: Good story and dialogue; tons of mission and side quest options; you can actually finish this if you have a life.
Cons: Can tell it's a two-year-old game; lots of loads; occasional skipping in the Xbox 360 version.