I like VE-1 and I got it yesterday through Rapid Culture. It looks great but now without a few disappointments.
Firstly, the nose. It looks plain ugly and it curves to much upward.
Secondly, the rotating radome support pole. Unlike VT-1, which can transform into atmospheric jet. For VE-1, you still can transform into atmospheric jet but the rotating radome support pole is permanently stuck on the back pack! It is very unsightful.
Thirdly, there is not moveable joint between rotating radome and the pole (not the back pack). This makes the radome sits very high in fighter mode. Personally, I like the radome sit lower as illustrated by Yuji Kaida in Bandai 1/55.
As for which to choose from when having a extremely tight budget, I would recommend VT-1 unless you are like me who is craze for VE-1. Generally, I feel that there is a drop in quality (the material used) as compared to VF-1J Super valkyrie.