I've been shopping at Hobby Masters ever since I moved to Raleigh, and I've not found a better hobby shop anywhere in the area. They're good, local people who care about their customers and cater to all sorts of different people. Whether you're an RC hobbyist, a gamer, a modeler, or just need to pick up a new X-acto knife or some paints, this is the place.
Pros: Friendly, Large selection, Hard-to-find things
Cons: They close. ;)