If you want to compress the html, do it, just do it else where like the template save in the admincp, and change how the pst cache works to compress html there.
The YUI files being on a CND (google/yahoo) are better. Its more likely for your browsers to have the YUI files cached if they were hosted on a central website. Why use your own bandwith and cpu cycles to serve the YUI when you don't need to?
YSlow! 2 said that the average vBulletin page gets a C, which isn't bad.
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