It wasn’t half bad. As multi-user systems went, it was actually quite good and we ran a number of projects on it before moving off to PCs, Sun Workstations and Linux in general.
I remember all the staples of the era: using Kermit to upload our assignments to the thing, dialing in from home at 2400bps, hacking our way “out” to the Internet, running out of our 50MB quota due to mailing-lists and uuencoded files fetched via mail gateways.
It was a lot of fun, and AFAIK there are some working VMS emulators around that I could install on a Raspberry Pi (and likely get a faster multi-user system than what we had then for hundreds of students).
I say it was an experience worth having, but largely (functionally) indistinguishable from a UNIX machine when accessing it via teletype (glass or otherwise).