I've participated in some VW with my shell, we finished the 3 cities up to T4 and completed the bosses of each for KI. I found myself getting pretty bored, and I was on WHM those nights. Usually keeping people alive and rotating buffs is enough to keep me interested, but I noticed that on each fight they did the exact same strategy and just spammed temps. It worked, but those items really make fights super boring, and the instant death moves making them required don't help.
I found myself drinking more beer than anything else, so I guess VW is pretty awesome if you want to get drunk.
P.S.: Our SAM got a Tefnut wand and wouldn't sell it to me, electing instead to seek maximum profit via the auction house. He is a butthole.