David.
For all practical purposes its 6 of one – half a dozen of the other. Moving head or moving knee gets you to the same place although the most appropriate machining techniques to be used may differ. Probably the least important consideration when choosing a machine.
Larger table and travels of the WM18 are attractive but rotating head of the VMC has certain advantages and may well compensate when it comes to workpiece coverage. Never used a small turret mill so I don't know. Bench mill lets you keep you standard under bench storage system, which can be considerable advantage in a small workshop, although it does put the top of the machine rather high. But then you don't have to stoop to look at the table. VMC plinth can be quite space inefficient.
Went through the same exercise many years ago comparing VMC against a Chester Lux style machine. Ended up with a one off Lux type with VFD drive and two speed belt transmission that worked well enough. Despite going round and round many times I never did decide which would have been best from pure machine considerations. VFD drive and bargain price swung it. By the time I'd added a proper DRO set and one or two other refinements what I had was very similar to a WM18. I see no reason why you'd not find a WM18 a capable and satisfactory machine within the limits of the design compromises inevitable in meeting a sensible price / performance ratio. Sneaking suspicion that the head and column may inherently be a little less rigid than knee style but you probably shouldn't be making cuts hefty enough to notice. I never had any stiffness issues.
I moved on to a Bridgeport because the bench mill was too small for much of the work I do. Not aware of any specific disadvantage or advantage of the knee relative to moving the head.
Clive.