As a note, the Expansion stuff will not be free to ViPs. You'll have to buy that too.
And who needs health?
I have 5 bars set up for single-hand use, though hitting CTRL+ALT+9 or 0 is a bit of a stretch. Rest are swap items and long term buffs that I don't need to set up for quick use. Of course, lower level characters and non casters don't need as much on tap, but still, I use all 5 and then some. On my sorcerer, I have to swap spells around for each quest.