Thank you for providing a budget and a little background into your needs and current scanning situation.
The V700 should meet your needs. Should you require something more robust, 100 miles for a hi-end scan (is it a drum?) isn't too far, IMHO.
The one issue you may find with the supplied 35mm holder is keeping the film flat. This is an issue any flatbed, though. If it does indeed prove to be an issue for you, you can have any frame shop cut you custom anti-glare glass to place inside the film holder to keep it flat. I brought my 120/220 and 35mm strip carriers into my local Fast Frame, and they were able to cut glass inserts while I waited which fit inside the "curb" of the film holders. Cost me all of $30 for 6 pieces of glass (4 for 35, 2 for 120/220) and the results have been impressive.
Vuescan is perfectly capable of creating quality scans. I would suggest though that you consider eventually investing in a profiling solution for the scanner. The profiles Epson ships with the V700 are junk compared to the standard profile supplied with Silverfast, and the custom profile I made using Monaco EZColor blows the doors off both of the manufacturers' profiles. It makes a world of difference on emulsions which are historically difficult to scan, such as Velvia 50.