What are the pros and cons of transfers, waivers, and certifications of juveniles to adult criminal courts in Indiana's system?

The juvenile system today follows the doctrine of parens patriae, meaning that the state oversees the welfare of youth when they commit delinquent acts, and follows more rehabilitative treatment measures when adjudicating youth.

What is the Analyze and explaining in the pros and cons of this type of adjudication, given the downward trend of juvenile crime today?