I've considered it. What I really wanted was a triangle (horizontal piercing that goes underneath the clitoris) but apparently you need a certain anatomy for that to work out. I went and had it done (or so I thought) but it turned out not to be the right placement at all and in the end I was told that the piercing didn't work for my body.
So, VHC has been my runner-up plan for a while. I've heard differing reports on whether it increases sensation. You'll just have to get it and find out, I suppose
I think they're quite pretty, especially if you get jewelry that sits nice and close to your body. I've also heard that it barely hurts at all, what with the skin there being so thin.