I agree about the fixed scopes being less versatile. I like the 1-4's better for my uses too, but thought that for hunting DG, especially in Alaska, the added reliabilty of a fixed scope might be a consideration. Especially when looking at the VX-1. I'd at least move up to the better quality VX-2 or VX-3 for that use. For deer or hog hunting I'd have complete faith in the VX-1. Either way, I still like the simplicity of the heavy duplex reticle.
This guy, in addition to being an Alaskan guide has written for a lot of different publications. He has high praise for the fixed, low power Leupold scopes for grizzly hunting.
http://www.grizzlyskinsofalaska.com/Hunting.html
I'm an admitted Leupold fan, but the better Nikons are good scopes as well. I just have no experience with their African series.