It works for the most part. See my store at http://www.karcoembroidery.com as an example.
I did a clean install of Joomla 1.5 and a manual install of VirtueMart 1.1. That solved some of the problems from a previous install using an automatic installer for VM1.1. Don’t ask me why.
I also did a manual install of Larix but I’ve still got formatting problems. Especially between Firefox and IE. Example – In Firefox, the layout of the Add To Cart section is out of whack while the IE version is fine.
I also can’t get Transmenu to work correctly. When I enable it, it forces my categories into alphabetical order when I don’t want that. The slide out box for the category in the top position doesn’t slide out from the top category but from the Home button instead. And formatting for my top menu is thrown off wildly in IE when Transmenu is enabled. I have to use JSCook instead and even that has some problems with IE.