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I worked at Sun Microsystems full-time (More than 10 years)
If you love technology, Sun was a great place to work. There was an engineering culture second to none, and you got the experience of working for a company that understood that when you make the market bigger, that benefits you. It's seen as a failure now, but really was just playing a longer game than the market had tolerance for.
Politics. Insane politics. The California side of the company - particularly the non-technical management - was more like kindergarteners bashing each other in the head with rocks. Getting pulled into someone's office for them to try to enlist you in helping get their boss fired so they could take his job happened to me. Just awful.
Advice to Management
Don't sell the company to Oracle. Oops, I guess it's too late for that. A lot of worthwhile technology went down the drain at that point.