'Static readonly' vs. 'const'

I would use static readonly if the Consumer is in a different assembly. Having the const and the Consumer in two different assemblies is a nice way to shoot yourself in the foot.

public static readonly fields are a little unusual; public static properties (with only a get) would be more common (perhaps backed by a private static readonly field).

const values are burned directly into the call-site; this is double edged:

• it is useless if the value is fetched at runtime, perhaps from config
• if you change the value of a const, you need to rebuild all the clients
• but it can be faster, as it avoids a method call...
• ...which might sometimes have been inlined by the JIT anyway

If the value will never change, then const is fine - Zero etc make reasonable consts ;p Other than that, static properties are more common.