The Good: Its hot rod technology has completed and maintained its performance for much longer rides compare with other air rear shock. (Ex. 12 km to 3-4 km of other air rear shock) .
Drops and Jumps, Vivid Air perfectly beats other air shock (8 to 5) and if you could find your best set up, it will bring you to win Red Bull Rampage (Kurt Sorge - 2012's Winner of Red Bull Rampage). It showed Vivid Air could be much better than the best Coil Rear Shock for Drops and Jumps.
The Bad: It is required tune up more often than your coil rear shocks. You really need to find the right set up combination for cornering, full speed at rock garden and extreme descending,
The most hardiness among air rear shocks and compare with coil rear shocks, Vivid air could achieved coil rear shock performance with half of the weight. The best rear shock for Freeride, Gravity Enduro and AM