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Packs CommonJs/AMD modules for the browser. Allows to split your codebase into multiple bundles, which can be loaded on demand. Support loaders to preprocess files, i.e. json, jade, coffee, css, less, ... and your custom stuff.
Specs
Specs are quantitative aspects of the option such as the price
Pros
Pro Tap into npm's huge module ecosystem
Using Webpack opens you up to npm, that has over 80k modules of which a great amount work both client-side and server-side. And the list is growing rapidly.
Know any positive aspects of this option?