Hi,
I own both radios. I've had the VX-5R for about two years and the FT-60R for just over a month. The former is smaller than the later and it does 6 meters. Never done much with 6 meters on it. I've heard it is next to worthless on 6 meters.
The FT-60R is a bit easier to use (program) than the VX-5R and that is the main reason I purchased it. it has a seperate squelch control. The squelch control on the VX-5R is menu controlled. That really became a severe problem for me on foxhunts. Probably the main reason I finally decided to find a simplier radio.
There are a few (how many???) FT-60R's that the display darkens almost to the point of not being able to read it when the temperature goes below 30 degrees Fahrenheit. I experienced that problem on my first one. The second has it to a much lessor degree. The FT-60R gives no indication when the battery is charging or is completely charged. When you turn it on it does give the battery voltage. The VX-5R tells when charging and when complete. Audio on both is about perfect in my estimation.
Recently I've found on the FT-60R that a plug in ear/mike piece will work it's way out of the socket a bit and cause the radio to transmit until you realize what is happening and push it back in. The radio gets awfully warm after a few minutes and of course people don't like the QRM.
The price on the FT-60R at HRO has recently been dropped to $194 and the VX-5R to $199. If you live near a dealer buy one and try it a few days and if you don't like it swap it for the other. Basically, for me on a day to day basis the FT-60R is easier to get along with than the other in spite of it's own short comings.
Good Luck with your decision.
Jim, AB0UK