DVD-R:
Benefits: Better DVD playback compatiblity within home DVD players.
Drawbacks: Older technology and less money behind the format means that they come out with faster media and burner technology slower. You will frequently see DVD burners that will support (for instance) 16X DVD+R and only 8X DVD-R.
DVD+R:
Benefits: Faster speeds, more inovations like Double Layer discs (8.5 GB)
Drawbacks: Will not play is some home DVD players. If you know your home DVD player will play DVD+Rs then there is no reason to not use them.
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