I own a VS7, and I miss my Moto E398 with stereo speakers. But the big screen and ease of software makes up for it. Plus you can hear your ringtone when you have your bluetooth headset on, not like Moto's where you just hear the basic ring on both headset and phone. The only two things I would add for this phone would be either stereo speakers, or louder ones, and a memory card slot (even though 32mb is sufficient enough, but with a screen and phone this nice phone could do more like movies or mp3 player capability.
I chose this over the SLVR L7, and I made a good choice because Rogers just came out with the L7 the week after.
What else I missed was my quad band, even though I live on the 15th floor I get full reception, but when I'm either in Home Depot, the mall, or in the underground parking I get no signal while my GF's V551 gets mad seeg.
These are the cons and pros I discovered while making the switch from Moto to Panasonic. Others may have different opinions, but the choice is ultimately yours.
Back to basics!
Samsung Galaxy S2
Samsung Galaxy S Captivate
iPhone 3G 16GB (Backup)
HTC Touch Elfin w/Jabra BT530 (Gone)
RIM Blackberry Curve 8900
Nokia E65 - Sold!
Nokia E61 w/Jabra BT800....Sold
Panasonic VS7 w/Moto H3....Sold