Positives: It's a easy class, you can pass a test with common sense.
Negatives: If your not good at Rote Rehearsal "Memorizing definition after definition" then you will want to open up your book to the learning chapter and learn different ways to encode information for both tests and essays.
If you are speaking of high school- then maybe, who knows, all high schools are different. High school psychology teachers really only need a bachelors. Having taken a high school psych class as opposed to an undergrad psych course, the teacher will not come close to giving you the experience of learning from a graduate level professor. If you are speaking of undergraduate level courses at a legitimate institution, this is GROSSLY inaccurate. As a former psychology major, a teaching assistant for several psychology courses where people with common sense failed the exams, and a soon to be graduate student in a clinical psychology PhD program, I can tell you on good faith that you cannot "pass a test with common sense" unless you have a true ignoramus for a professor/ teacher (if in high school). Also, psychology isn't all about memorization. Again this might be true if you have a professor who is lazy and only cares that you know the definition. With good professors, they teach you to analyze different issues and apply the knowledge you have learned.
One of the great things about being a psychology major is that there is such a diverse amount of material you can study. You could study abnormal psychology and learn about different psychological disorders, their prevalence, their etiology, their treatment etc. Or you could take developmental psychology and learn how human beings grow throughout their lifespan and how it effects their social and emotional well being. You could take sensation and perception and learn how we interpret and experience the world through our five senses and how those mechanisms work. You could take a course on research and learn the proper way psychological scientists go about creating theories that save countless people and tries answer some of life's tough questions. Or you could even take a course on psychology and the law which might have a topic on how psychologists assess people for being competent to stand trial or be executed etc etc. There is so much to learn in this field and such a variety of topics offered that just isn't typical of many other majors.
However I am probably pretty biased.
I personally loved psychology and found it to be a really interesting major, however it really isn't for everyone. Although you can "use" your psychology degree in a variety of ways, it is not like a mathematics degree or an engineering degree where once you are out of undergrad you can make big bucks with just your BA level education. You could use it doing HR etc but there aren't that many occupations one can do with just a BA if they want treat/work with people (although sometimes it CAN be done I suppose). Many people interested in this side of psychology will have to go on to some sort of graduate level training. For instance you cannot be a therapist with just a bachelors. However, you could be a case worker with DCF etc. That is one of the drawbacks of being a psychology major that many people don't really realize.
So really, take a psychology class. If it's not for you, it's not for you, but don't be under the impression that it's going to be an easy A. If you have an instructor that is halfway decent, it will be pretty challenging.