No, not at all.
I have been in VIP once and never again.
You get free drinks (can't remember if there is free food). I was surrounded by corporate types all wearing suits, pissed out of their head.
Me and my mate were the only ones actually watching the band, then one of the others came out during one of the songs and said:
"So who's actually playing then?"
"Oooh I love The Muse. Superholes is a good song"
Only reason I sat there is because I couldn't get a ticket and mates gf's dad has a box