You can tune it so it doesn't flash the vct code. How many miles do you have on yours cboyd? Honestly, I would buy a couple cam sprockets, vct delete kit, get it tuned on the dyno and go from that point. The way I look at it is, you've had the car for this long obviously things are going to start going bad. Some things that aren't meant to go bad sometimes do. Wouldn't hurt to try something different.
My svt has 112,000 miles on it. My vct went bad a month ago and i had everything that needed to be replaced at the time my timing belt was being changed. Now I wasted $350 on a new vct solenoid that didn't care the problem. Had my mechanic check out everything, cams and everything are positioned correctly. After reading through all the different posts and threads on p1381/1383, you know.. it was nice having vct for the last 10 years of ownership of the car but .. time for a change.