David, yes hangared is highly desirable although neither of the Victors are. Did the lottery funding require an ongoing educational element when she stops flying? One would hope that the VTTS trust legacy plan would include the cost of a hanger funded by a further cash raising drive. The raffle prices are truly amazing and certainly draws my money. I think unless taxi running is included in the legacy plan much interest and therefore funding will be lost. Also if it was a solo exhibit interest will not be as high as in conjunction with a collection. Whilst Elvington is planning another hanger I assume this already has all its space allocated and do they have room for another? Would building a hanger at Bruntingthorpe be possible?
Ve3 consultation document, http://www.vulcantothesky.org/uploads/documents/Ve3BrochureA5-Final-Reference%20v7.pdf, appears to advocate a purpose built building at Robin Hood with taxi runs. personally I cannot see a solo exhibit being viable and funding other than for flying is surely going to be difficult to get. The document does refer to a National centre for Aviation Heritage which sounds fantastic but in reality where is funding going to come for that let alone the artefacts. Whilst this statement is sadly very true “‘Britain is the custodian of much of the world’s most important industrial heritage, but this legacy is increasingly at risk.’ The quote was attributed to the government’s heritage advisor for England. The article then quoted English Heritage as highlighting that our 20th Century industrial heritage is poorly understood and therefore most at risk.” the hard strapped government is busy selling off many sites of interest and threatening already well established museums such as Manchester and York. I would suggest these free museums are very instrumental in inspiring young people.
Personally I would prefer a rescued period hanger rather than a new build, although I accept that the one at Duxford does afford a new perspective but I do not think the one at Cosford works at all.

At the end of the day she will go wherever the up front funding is available which no doubt will be VTTS, how long that can be sustained is another matter.

I understood that Ve3 was plan A which would cover any time of retirement and would be adopted, following consultation, at the end of the 2013 season or after plan B the wing mod and two years more flying all subject to retirement due to an engine failure or failure to raise the necessary money. Hence the query of that there was no legacy plan at all.
Oct 2012 http://www.vulcantothesky.org/news/408/82/Important-news-on-the-future-of-XH558.html