Peds. Are you talking about GP (having your own office type) Peds or ER Peds (like in a children's hospital)?
GP Peds: parents are generally quite ignorant. you'll get parents who are absolutely freaking because their kid has a cold, their kid is drooling (they're teething), their kid won't sleep, their new infant has yellow poop (they're being breast-fed), their kid is crying, their kid has a fever and they don't want to give tylenol but you have to make them better NOW, etc etc etc. There are well child checks - easy, can be quick, but again geared towards educating parents. Occassionally you get parents that are smart, well-informed, and when they call and say their kid is sick you know the kid is pretty darn sick. These are few and far between. All in all, you deal more with educating parents (some of whom don't or won't listen and/or are so stressed out because they can't afford to take time off work to be home 'cuz the daycare won't take a sick kid) then with truly treating kids. HOWEVER: the kids are pretty darn awesome. And you get to foist off the nasty needles on the nurse so you're always the hero. Also, you have to deal with parents that refuse to do things for their kids like watch their diet, make sure they get exercise, even immunizations have become a battleground. With the increase in pertussis, tb, and several other diseases that have pretty significant complications, the importance of immunizations is greater than ever; yet parents are refusing to immunize. Many pediatricians are firing their patients because of the parents' failure to take the pediatrician's advice (there are many instances of the parents suing the doctor after the kid contracts the disease contracted because of failure to immunize).
Peds ER: Again, you deal with a lot of parents that are pretty ill-informed and ignorant. You get child abuse cases, you get handicapped cases, parental neglect cases, and some incredibly heart-breaking cases that just about make you want to puke sometimes. The rewards can be high, the frustration higher, and the burn-out rate incredible. A great specialty if you can handle it; makes you appreciate your own kids or the fact you don't have any. This is more about dealing with the kids than the parents, but the work is far more psychologically draining.
My take for what it's worth. It can be incredibly rewarding, incredibly boring and/or incredibly psychologically draining. But if that's what floats your boat, go for it. Go spend some time in a peds office and in a peds ER and see what you think. Me? I wouldn't do peds office, but I would consider peds ER.
NOTE: When I say "ignorant" that means "uneducated". Ignorant does *not* mean stupid. Stupid parents are a whole other ball of wax.