The Vulture is a monster
I got bored while on the trade grind for my Clipper and got to about 18M cash. I figured I'd buy a Vulture to try it out and then sell it once I get enough bounties for the sexy Clipper.
That all changed very quickly once I dropped all 18M on the Vulture.
I'm sitting at around ~20-22M invested in it right now, with dual C3 Plasma Accelerators fitted at the cost of dropping to 4D shields for power conservation (which leaves my shields only slightly stronger or weaker than a 3A Viper, but I make up for that with shield cells). There's something very addictive about two shotting shieldless Anacondas' power plants, and with the Vulture you don't have to worry about aiming when you can basically park on an Anaconda's rear end-- it's like docking a sidewinder on a large docking pad. I hop into HI CZs and surprisingly exhaust all of the large targets (pythons, clippers, dropships, and anacondas) before even losing 25-50% of my ammo. I usually have to drop out and come back in twice or three times before I run out of ammo. Of course, I save ammo by getting my targets down to 15% hull (if I can't drop their power plant first) and then giving them 350T of ramming love, sometimes at boost speed, with full power to shields.
The only problems I've experienced are:
1. Eagles are somewhat of a pain when killing them is barely worth more than the ammo spent to do so
2. I wing up with my buddies to bounty hunt but there's no advantage to splitting bounties when I can kill my targets just as fast by myself :]
Other than that, I can turn on a dime, I practically never lose shields compared to my decked out viper, and I can destroy just about any large NPC vessel within 15-30 seconds. I have about 30M in assets now but I'm not sure I want to sell this baby anymore, even for the Imperial Lamborghini :S