I agree, I like the flexibility of VCE, and it's not too hard to use, but it's not compatible with some other event mods I have (or so I think). Also, I was having a problem with displaying variables; it would print <var:pl:EXP> more than half the time. Therefore, I'm using v4 at the moment until I choose to take the time to find a way around my problems.
If you can use it well, would you mind if I PMed you some questions? I'm sure that if the ignorance of using these events bothers you, you'd be glad to help someone less skilled to understand it.