I have one as when I was in high school I was a lot into video editing and everything was on tape back then. The thought of taking something I made on the computer and putting it on a VHS to play on the "big screen TV" (like 32" at the time) was pretty awesome.

Now, it's so much easier to do that it's taken for granted. Most TVs will even play a file directly now days. I don't actually have it hooked up anymore but I keep it just in case I ever need it for something.
My dad has a whole bunch of hockey games on VHS such as most Stanley Cup games. I need to get him to convert those to actual files as VHS will degrade over time. He might even have a game where Toronto made the playoffs.
Downside these days it's it's very hard for the average user to take something from TV and put it on a medium that can be replayed. You can PVR it, but it's in the PVR and that's it, you can't store it on a hard drive or DVD or anything. I'm sure there are ways to do it, but not something the average "VCR operator" would know how to do.
A file on a hard drive is the only worthwhile way to keep stuff now days though. Formats go obsolete too fast, and still suffer from the potential degradation over time. I think DVD suffers from that and so does Bluray. At least a file kept on several hard drives or other mediums is digital and wont degrade. I guess there is still the danger of bit rot.