Quote Originally Posted by winsock View Post
For me its more like, outside of living dead/holmgang, how often has your HP dropped so low that the VIT from you neckless kept you alive? Neckless + 1 ring? Etc.

If the VIT isn't used its a wasted stat. The extra damage is useful at least.
Higher max HP gives more than just higher max HP. It also give more natural HP regen, healing from Thrill of Battle, shield from Stoneskin, and I'm sure some other skills that don't jump to mind.