Tom, no problem, we're not talking about different things.
Here's a very good link to the Centers for Disease Control on Vanadium poisoning.
http://www.atsdr.cdc.gov/tfacts58.html
The site itself is searchable for all sorts of materials and their health effects.
When you weld or torch cut you vaporize the metal. Those vapors immediately resolidify into very small particles that you can breath, usually as a metal oxide. Some studies indicate that the "fresher" the fumes are the greater the health impact. The particles resulting from fume condensation are particularly bad because they are easily breathed into the lungs, not to say that sawing/grinding dusts aren't harmful also, the particles you produce when you grind/saw are much bigger and may have a better chance of being filterd out.Usually, recovery from exposure occurs after a few days to a few weeks when you remove the exposed individual from the fumes.
The problem with almost all these fume exposures is that the effect can be cumulative and you can become sensitized to the material. Folks find that they get sick with smaller exposures over their work life as they are repeatedly exposed.
Different materials in different forms in different amounts make different people sick to different extents at different times.
The important thing is for folks to know what they are working with and what the possible problems are associated with these materials so that they can prevent exposures that cause illensses.
Good tool-site ventilation can remove respirable hazards before you have a chance of breathing them. Room cleaning filters just remove the stuff already in your breathing space. You can construct simple tool-site ventilation systems with cardboard shrouds and shop vacs venting outside. Two cast off shop vacs in series with the second filtering and venting outside can do a suprisingly good job or pulling hazardous fumes, mists and dusts away from you. (This isn't the system to use for solvents)
Keep asking questions and pointing out problems. It's the only way that anyone learns anything in this field.
Mike
Here's NIOSH's Vanadium fume information.
http://www.cdc.gov/niosh/npg/npgd0654.html
http://www.cdc.gov/niosh/pel88/1314-62F.html