I have to disagree with the comment someone made
about VL being dumbed-down, especially the comment that it's dumbed-down by "paring down of features"
I usually dislike anything of that sort; I felt that a few distros I've looked at were like that and they turned me off.
I don't find anything really missing in VL, nor any choices/features missing. VL has, imo, done an excellent job of being both easy to install and run while at the same time allowing those who want to, to get under the hood and tinker. It seems accessible to both types of user.
I haven't run Slackware (yet), so I admit I could be missing something here. I used Debian 3.1 for quite some time, though, and while I think VL is easier and quicker for the average user to set up than Debian Sarge was, I don't find it "dumbed-down" (restrictively lacking in features, treating the user like an idiot, keeping choices and configuration options from the user) compared to Debian. If I did, I wouldn't be here now.
Just my 2¢, as they say, because "improving" things by dumbing them down is a pet peeve of mine.