Wow, I can't believe the opposition to this. I think the merging of everything that now makes up "Metro Vancouver" would be great. The duplication in municipal services like garbage pickup, parks board, road/utility maintenance, transit, and especially policing could be eliminated.
Hopefully the city would have a more combined, focused voice when approaching the provincial or federal government for tax changes, spending, etc.
Regarding cons, this is simply an organizational change. New West as a community won't go anywhere. Certainly we still have Gastown, Kits, even Whalley as distinct communities that aren't going anywhere. (Even if we wish they did in the case of Whalley.
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Representation would be by population. Cities like Surrey would get a bigger say in the area, as they want (and deserve). And other cities like Burnaby and Port Moody wouldn't be throwing such a wrench into the plans of the region as a whole, just because of their geographic location.