http://www.bythom.com/24120ens.htm
Autofocus Nikkor 24-120mm f/3.5-5.6 IF-ED AF-S VR Review
Overall, the 24-120mm AF-S VR is much better than its predecessor, but not by enough to make me sit up and pay attention. Personally, I wish they had added VR to the 24-85mm AF-S instead of making this lens. Even so, it has found a place in my casual travels when I want to travel as light as possible (e.g., one lens, one body, no tripod).
Drawbacks
Build. Not a professional build, no aperture ring. Still, it's solid, and the focus and zoom rings are smooth, if not silky.
Optics. Could be better. Not up to the quality level of the 24-85mm AF-S, in my opinion.
Filter Size. 72mm? Can we please just have 62mm or 77mm?
Zoom and Focus rings are reversed. The lens feels "wrong" when you first go to zoom.
No depth of field scale. We don't even get cut-out depth of field charts in the manual, let alone anything on the lens. At least give us one set of markings for the widest angle, Nikon.
Positives
Focus Speed. Yes, it's an AF-S. Yes, it's silent. Yes, it's fast. Yes, you can override the focus manually. Despite the price, there are no AF-S compromises here.
VR. Yes, VR is very helpful in some situations. It's not a crutch, but a trekking pole.
Price. For AF-S and VR the price is reasonable. But you're getting those things at the expense of better optical performance.