I am not referring to vbulletin.com or .org. I am referring to vbulletintemplates.com and vbulletinstyles.com/forums/. THey are like the same site only with different DB contents. I think there was a 3rd similar one too, I may be wrong though. Also the license requirement is not a bad feature, but it is definately not clearly explained without browsing the forums and posting questions to find out. Finally the feel the forum design is a bit hard on the eyes. Yes it looks clean and professional, but something about it makes it hard to view. Maybe the font size or type. Not sure. Probably also the fixed width.

Just my .02