I've used it off and on over the years, and I like it well enough. It's much easier to get up and running than Drupal (though I ultimately prefer Drupal in most cases). I'm using it now for my new portfolio site I'm developing. Also, I'm starting to concentrate more of my design work on Joomla, Drupal, and Wordpress, because vBulletin design jobs have been drying up; in part because of the economy, I'm sure, but I think the main reason is vB 4.0 being on the horizon; many are holding off on having a full custom design done until its released.
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