I assume you are talking about the 70-200 f2.8G IF ED VR AF-S? If so, it is an awsome lens. IQ is up there with the best. However price is also up there.
Personally I would really like one of these lenses as well, instead of the Bigma that I currently own. However your question is about VR or not VR. In truth, I have managed without it untill this day, and probably will for a long time yet. If you can bare the loud, yet relatively fast focusing of the 80-200 F2.8 AF Nikkor, then go for that. The IQ is comparable if not better than the 70-200 f2.8G VR, and doesn't cost close to £1k... Infact its around half that. Oh, and lastly, doesn't weigh in at 1.3KG either! Considerably less, circa 500-600g iirc?
So to answer your question by way of my opinion, I'd say If you have the cash, go for it. If it's not essential, save your cash and get more stuff
EDIT:
I just got a horrible awakening, in that you may have been talking about a 200mm prime, and I have just rambled on for ages about completely the wrong lens! Either way, I suppose my point about the need for VR stands