I installed Raspbian on two new Pi 2s tonight, one using NOOBS and one using NOOBS Lite. Both are using a Sandisk Ultra 8GB MicroSDHC UHS-I card (SDSDQUA-008G-UQ46A.)
Pros:
NOOBS: Faster installation (downloading the Raspbian image takes a long time.)
NOOBS Lite: Approx.10% more space available in the Raspbian root file system (7287176k vs 6581636k )