What are your thoughts on the differences between this VOX build and that of a Fender or Magnatone, ie. sound, and other playability issues?
It sounds chimier and sweeter than a Blackface Fender imo. The Fender will also have quite scooped mids while the Vox doesn't. I use a Deluxe Reverb clone, which is very versatile, as my main amp while the Vox is a lot of fun to play when you're in the mood for that sound.
Also, what's the benefit of having 2 channels, ie. with and without tremolo? I know a lot of amps separate them, but why do that, since nowadays you don't have multiple guitars playing out of the same amp. Why not just have 1 channel with a Normal and Bright input, and a tremolo that you can just turn on/off?
It's just the way it was done back then by Fender, Vox, Marshall, etc. If you build it with just the tremolo channel, you'll have exactly what you described. I like having both channels as they're voiced differently and blending them can sound great as well.
Did any of the VOX models have Reverb and Tremolo?
I've never seen a (vintage) Vox with reverb and my '64 AC30 didn't have one. Almost all, if not all, Vox AC amps have tremolo.
Is there a benefit to not adding Reverb?
Simplicity. My take is that a Strymon Flint will sound as good, if not better, than the majority of built-in reverbs so it's not worth going through the hassle and expense of adding a reverb to a build of an amp which didn't have one originally.
All in all, I'm really happy with this build. It is not as refined as many modern amps; there is a big volume difference between the channels, because of the extra gain on the normal channel, and it feels like some of the knobs go outside their usable range. But it just adds to the charm in my opinion. The tremolo is so much better than what my AC30 had.
Another thing to consider is that if you want to add the Vox sound to your collection, there aren't that many good modern production amps. Especially with an EF86, which I feel is an essential part of the sound. This build sounds at least ten times better than the AC15C1 I had for roughly the same price and reminds me a lot of my AC30 sound wise. Of course, there is the Matchless C30, which sounds absolutely amazing, but will cost 3-4 times as much.