My take on it as a regular viewer of the Norwegian league:
Molde have been backed for some years by a couple of the richest men in the country, enabling them to have a significant bigger budget than the club's history, location and size would suggest and the second largest behind the far most successful club in the country, Rosenborg. This led to Molde winning their first two league titles back-to-back under Solskjaer.
Despite that him winning the club's first league titles wasn't some sort extreme achievement by Norwegian standards, and that most of his critics regularly point to the financial backing he's had at Molde, he has still done very well for himself. Overall, for Molde, he has exceeded expecations in Europe and perhaps done a little above par at home*. Bear in mind, despite having a big budget, Molde's strategy has been buying young and promising players, develop them and sell on for a profit, resulting in lot of key players leaving which makes it hard to keep their best players over time. Oh, and despite the Norwegian league not being particularly easy on the eye at all, Molde under Solskjaer has easily been the most pleasing one attacking-wise over since he first took the job. A huge question mark over his shady dealings with his agent but he probably won't be in charge of transfer at all anyway so probably a moot point.
*:
- Winning the league while their main rival on both on and off the pitch (Rosenborg) went through a slump
- Went through some really bad spells where they looked like relegation candidates (that could be because the loss of key players and addition of new ones)
- Managed to recover from said slumps everytime to get back to being the best team in the league (despite not winning in the end)
- Been the most pleasing attacking team overall in his entire period
- Developed a few players and sold for a hefty profit
Pros:
- His status at United instantly bring him goodwill and respect
- REALLY knows what the fans expect of the team
- His attacking style
- History with and comments on Pogba suggest that he could get the best out of him
- Not in charge of transfers
- Positive personality to boost the atmosphere at the club both on and off the pitch
- Only a temporary gig so very low downside to it
Cons:
- Not enough of a big name to earn the players' respect
- His past experience in England
- Not sure if he's good enough tactically
For me a huge gamble and it makes me very nervous for our short-term future but at the same time I finally look forward to watching our matches again and not having someone that embarrasses the club out side of the pitch on a regular basis. Oh, and top of that you have the romantic aspect of it all. We have a universally liked club legend in charge of the team