As far as I'm concerned, as long as VS is saved, it can only be a good thing. I will never understand people's joy at airlines going under. VS has some of the best T&Cs for it's employees and are IMO one of the few UK airlines that dont feel like they just want you to sit down, shut up and not bother the CC. It would be a great shame to lose them.
The same people taking joy in their demise will be the same people whining when their only choice is limited and massively overpriced.
Good luck to everyone at VS. I really hope to see you come out the other side and fly with you again.