We test drove the Edge in comparison shopping between Edge/CX7/CX9/Tribeca/a few others.
Positives:
Nice interior, in my opinion
Very quiet ride
Fairly roomy
Nice drivetrain (Proven? Reliable? see negatives below)
Can pick up a used one at a decent price
Sync is sweet
Negatives:
Driving it, it felt huge compared to the actual size of the vehicle
Not very "sporty" especially in comparison to the CX7/CX9 - if you are going for "sporty"
I felt the engine had to work pretty hard to move the car. While it was sufficient it didn't feel compelling. I often found myself revving to 5k in daily driving because that's what it felt like it took to go from stoplight to stoplight. On a positive note - it was quiet and perfectly happy doing that, which I would give it a point for refinement.
It NEEDS a manually selectable gear function. If that's your cup of tea. It's pretty standard on almost all automatics now, I can't see why Ford left it out.
Disclaimer: I am probably a little negative biased to the Edge, I really wanted to like it and buy it, but I guess it wasn't what we were looking for.
Two things that I have read on internet car forums (disclaimer: internet car forums) that stand out to me:
I have read that there is a possibility of transfer case problems in early models of the AWD version. Leaking seals or something to that effect, probably not catastrophic.
According to car mags the brakes suck. I read somewhere they did/are changing them. But I am not positive of this. Most car mags tested the Edge at 150+ft to stop from 60mph, that's horrible.