DVDs are of course excellent. They don't chew up, a series can be bought in it's entirity, special features, and easy to find a particular place.
However, there is something nostalgic about the old pre-recorded vhs. Many had never been released before, and they would often only contain two or three episodes. Many series only got a select handful of their episodes onto video. Because these episodes were so scarce, the videos were invaluable at the time. Nowadays, nearly everything seems to be on dvd.
I still have my videos, and have no plans to get rid of them. There is a certain appeal to them, but if I have it on dvd I will tend to watch that as it is more convenient.
I still have videos I have taped myself from television. The oldest I can find is a tv recording from 1985 of the film Love thy Neighbour. Along with this are old news programmes, a trailer for Coronation Street, adverts and other stuff I can't remember. Probably of interest to someone, I see this kind of thing crops up on YouTube.