MM, when you say the VQ 'went', what exactly happened?
The thing is with engine design, newer is not always better from a performance/durability aspect. Anti pollution requirements now are paramount in engine design, without going into detail that influence usually results in less performance and/or compramised durability, the open deck design of the VQ is an obvious example of this.
On the question of weight, an aluminium block does not guarantee overall lighter weight, what exactly does a VQ weigh? A rough check of a VG30DE indicates around 150kg with flywheel and manifolds.
Chains over belts are a plus though