Advantages of low field imaging are the small-sized 5 Gauss fringe field and therefore the less static magnetic field exposure for the surrounding area, as well as less contraindications causing lower risks for the MRI safety by implemented metal and magnetic devices and equipment.
Low field systems are sometimes for restricted use, e.g. dedicated extremity scanner or open MRI devices. Open MRI devices equipped with permanent magnets are well-suited for MR guided interventions because these machines combine the lower magnetic fields of this type of magnets and the better patient access of open MRI scanner.
In some cases, the contrast of different tissues is better at lower field strength, depending on their T1 or T2 relaxation times. The disadvantage of the lower signal to noise ratio are a poor resolution and a longer scan time for a good image quality.

See also Claustrophobia, Contraindications and MRI Safety.

See also the related poll result: 'In 2010 your scanner will probably work with a field strength of'

From Siemens Medical Systems;
The MAGNETOM 7T is designed as an open research platform. 7T MRI provides anatomical detail at the submillimiter scale, enhanced contrast mechanisms, outstanding spectroscopy performance, ultra-high resolution functional imaging (fMRI), multinuclear whole-body MRI and functional information.
This ultra high field (UHF) MRI device is a research system and not cleared, approved or licensed in any jurisdiction for patient examinations.

From Siemens Medical Systems;
Received FDA clearance in 2010.
The MAGNETOM Aera is a patient friendly, comfortable 1.5 Tesla MRI system with advanced radio frequency chain.
The system is equipped with the Tim 4G and Dot system (Total imaging matrix + Day optimizing throughput), to enhance both productivity and image quality.
Tim 4G technology provides improved SNR. The standard system configuration of 48 radio frequency channels and 204 coil elements creates an imaging matrix that allows maximum use of coil elements at full field of view. Dot provides improved image consistency through new features like auto align, auto FoV and automatic bolus detection.

From Siemens Medical Systems; MAGNETOM Avanto with Tim - Total imaging matrix technology. For true whole-body anatomical coverage. For ultra-fast image acquisition. Aids the physician in fast and precise evaluation of systemic diseases like colon cancer, metastasis imaging, vessel diseases, and preventional exams. For claustrophobic patients, MAGNETOM Avanto enables feetfirst exams for nearly all MR procedures. For obese patients, MAGNETOM Avanto supports up to 200 kg (400 lbs), without table movement restrictions. The AudioComfort technology enables up to a 30 dB(A) acoustic noise reduction, that means nearly all clinical routine sequences are running under 99 dB(A).

From Siemens Medical Systems;
A new, powerful, compact player in MRI. For both, patients and health care professionals, the mid-field has realized a giant step to cost efficient quality care. Obese patients and people with claustrophobia appreciate the comfortable side loading. The smallest pole diameter - 137 cm (54 inches) allows for optimal patient comfort.