Yes, the same general reasons apply to VO vs VC as apply to open- vs closed-back headphones. Having heard both VO & VC at length IMS (& currently owning a VO), I found some of the differences to be what one would expect.
- I remember the VC as being slightly more dynamic than the VO
- VC’s bass hit a little harder and perhaps went a bit deeper than VO’s
- The VC could be more exciting & dramatic (not a huge difference, but somewhat)
- Soundstaging wasn’t too far apart–VC has above average soundstaging for a closed-back, but VO is somewhat better
Having said that, I think the specific trade-off between the VO & VC is a bit more nuanced. The VO has even more of the quality I find most special about the Verite driver: high resolution sound, but presented in a relaxed, enveloping, ear-friendly vibe. The tone & timbre of the VO (what I call “tonal purity”) are easily the best I’ve heard from any headphone. With the VO, I often find myself marveling at the beauty of this or that instrument or voice. Sound through the VO flows in an organic way, whereas sound through the VC hits more (if that makes sense).
Others have said–and I agree–that the Eikon & VC are in many respects “brothers from another mother.” They’re both very dramatic, dynamic headphones. But the VO really has no good comparator in my experience. It is a singular, and singularly musical headphone.