I think you will find a lot of fans of bib shorts, but I am not one of them. Maybe I haven't given them a chance. Four years ago when I took up cycling I was trying to buy accessories on the cheap in case this new cycling hobby didn't work out. I bought cheap bibs. The shoulder straps were annoying, they were hot and when I need to use the bathroom, they were much harder to deal with.

Now that I am completely addicted to cycling and it is clear that I will ride until I take my last breath, maybe I should consider higher quality bibs, but I don't really have a problem with shorts and they are cheaper.

Pros
No exposed butt crack
No waste band
Chamois stays put

Cons

Hot
Should straps dig into shoulders
Undressing to take a dump