You can find the same discussion here :
http://www.clubsnap.com/forums/showthread.php?t=395247
2.8
- capable of thinner dof, can isolate subject from background better compared to a smaller aperture lens ( depending on what you are shooting )
- can potentially shoot under lower lights handheld ( depends on settings )
- can increase shutter speed and freeze motion
but expensive, heavy ( usually )
* the 2.8 glasses ( especially for zooms ) are usually the higher end offerings of the companies. The IQs are usually better.
VR
- some handholding advantage as well especially dimmer lights
but expensive, and comparing to a larger aperture, while you can afford a slightly slower shutter speed, there will be some motion blur depending on ur subjects.
Draws abit of power as well.
* there is a limit to how much VR can save ur shakiness
Ryan