Despite many folks' misgivings regarding the older Suunto puck style computers, there is nothing wrong with diving a Vyper Air or the other Suunto models of that generation.
There were/are a few issues that seemed to plague Suunto puck style computers prior to the "Novo" generation:
1. Suunto uses a proprietary algorithm that some find overly conservative. This particularly affects those doing multi-dives per day, and especially those doing multi-dives per day on multi-day trips such as live-aboards and dive destination vacations.
The limiting effect is that subsequent dives would be considerably shorter than desired, and shorter than those diving with other make/models of computers.
Some of the more current make/models have algorithms that are less conservative, and some also have the ability to adjust the conservativeness of the computer within a certain range.
2. Suunto had a problem with a huge batch of their pre-Novo generation puck style computers that led to a class action law suit. Apparently they had a faulty depth sensors that typically causes the computer to enter into a non-recoverable dive mode when no dive is actually being conducted. I know my verb tense in my previous sentence is mixed between past and present tense...that is on purpose because folks are still occasionally having the depth sensor issue be it due to their computer being from the extensive "bad batch" or their computer's sensor naturally just "giving up the ghost".
The real issue was that Suunto was aware/made aware of the defective sensor issue and chose to not only ignore it, but continued to distribute/sell these computers. This earned them quite a negative reputation and the class action lawsuit that was settled with them offering replacements to original owners in North America. Those in Europe (and I assume Asia) were jilted as they were not included in the settlement and had to foot the bill out of pocket for a replacement/new computer.
3. On the heels of the lawsuit due to the faulty depth sensors, Suunto issued a worldwide recall on their transmitters, recommending/requiring them to be sent in for inspection due to a potential hazard when opening the tank valve on a 1st stage with their transmitter connected. Defective transmitters were replaced free of charge, and non-defective transmitters were returned with new caps, a new battery, and a pair of pressure reducers.
While Suunto, handles this recall exceptionally well, it caused many in the dive community to further question the reliability of their products and opened the door quite wide for their competion to claim a larger share of the market.
All that being said, my household has 6 puck style computers from Suunto, all pre-Novo. 4 of them are Vypers and 2 of them are Vyper Airs. Touch wood, none of them have any problems. If your Vyper Air is going strong, keep diving it until you need or want to replace it.
-Z