Variety, uses same lift ticket as Killington, good stop coming from Rutland
Limited running chairs, weekends only, crowded
As Pico mountain is located right down the road from the monster resort of Killington, it is hard not to compare the two, so I'll try to represent Pico as objectively as possible.
The mountain is comprised of three peaks, but sometimes only one or two of them will be serviced. The peak chair will sometimes stay closed until 10-10:30, which prevents access to longer runs. But getting here early on a day that it's open can lead you to some good fresh grooms or powder. The problem is when only one lift is running in the morning, the lines are crazy.
The amenities at Pico are really just a scaled down version of Killington's, so it's not bad. Pico's terrain park is smaller and aimed at beginning skiers and riders, so if you're looking for big stuff, drive the couple miles up the road.
Pico is a good place for weekend riding if you can get there early to beat the lines. Since all the runs lead to one area if you take them all the way down, the crowding can get bad, but after a few trips around it's easy to figure out more of a flow.
My recommendation if it is your first time to this region of Vermont is to stop early at Pico on the weekend, get warmed up, then hop in the car and drive around the mountain range to Killington to find out what all the hype is about.