My friend bought bullet Electra last year in April 2015, and I’ve driven it so many times in traffic as well as long drive. First thing I’ll say, don’t compare it with other 150-200cc bikes, because bullet has its own fame and fan followers. When you’ll start the bike you will feel like you are riding a something huge monster( it gives lots of joy). It is quiet taller than classic and its really a good option for long drive. It gives mileage around 40 kmpl. So if you are confuse between Classic and Electra, I’ll suggest you go on with Electra.
Pros.
1) Price is lower than classic & thunderbird
2) No complicated mechanism or parts, really simple.
3) Massive power.
4) good height
5) average is also good. 40 kmpl
Cons.
1) Every royal enfield bike has lots of vibration above 70-80 kmph
2) Quiet heavier than other bikes( but its ok)
3) Every royal enfield bikes maintenance cost is more, around Rs. 2000 per service.