The document discusses the pros and cons of staging data warehouses using Extract, Transform, Load (ETL) versus Extract, Load, Transform (ELT). Some key advantages of ETL include reducing development time by only extracting relevant data, simplifying administration through targeted data loads, and flexibility in tool selection. However, ETL can limit flexibility for future requirements and necessitate additional hardware. ELT enables project management in smaller chunks, flexibility for future needs, and risk minimization through isolated processes, but availability of mature tools is still limited as the technology is emerging.