I have a Gunting, don't have a Vesuvius, but I'm pretty sure that the Vesuvius is just a mirror image of the Gunting lock.
(Incidentally, I used a Gunting as a utility knife -- works pretty well).
Anyway, the lock is pretty darn good. Simple to use, very very strong (at least, as far as I can tell.) That's all I want out of a lock, really.
However, I have heard two problems (I did a /lot/ of archivereading on this) -- one person said that his failed to engage because some gunk had gotten behind the spring (or whatever the term is -- the piece of the liner that moved over), and one person said that he kept getting pinched by the lock opening (I /think/ this was a Vesuvius).
My Gunting developed slight front-to-back blade play -- I don't know if this is normal or not.
But I'd take a compression lock over a lockback or a liner lock any day, and I'd probably even pick it over an axis lock or a frame lock.
Good luck.