Pretty much my take on the lens and how I use it as well. I have a little Lowepro Adventura bag and if I have the 24-85 VR on the 750 body, the hood in one little side compartment I can just fit the 200 Q in the other if I put the bigger base end down. It makes for a light carry and covers most of what I might want to do quite well. The odd thing is that I never really found a used for the 200Q until I started full-frame digital. Now it gets a lot of use.
If I'm shooting one of my film Nikons (F2, FE, F4) it is a whole 'nother game, mind you. Back in my strictly film days I had (have) a Tamron 70-210 f3.5 SP that did a lovely job and still does, but it is a lot longer and heavier to cart around.
I do a fair amount of professional head-shot portrait work and awhile ago I did a series with one of my more patient clients using various lenses I had available. Odd as it might seem, their preference and mine was the 200 f4 shot wide open. Hmmm...
In the end it is "horses for courses" and focus accuracy counts for more than the lens ofttimes.