Nearest contemporary equivalent would be a recoilless rifle with a beehive round full of flechettes although VRF guass can be aimed more precisely and has a higher range and RoF.
Also, being a gauss mechanism, it is a cold weapon (no friction or powder) so it doesn't show up on IR and doesn't carry much of a visual signature unless humidity is high (usually jungles where Gauss not really suitable as cover degrades velocity of such light slugs quickly)
[ninja edit - next bit no longer represents the views of user fthlagen - meh!]
[damage = half mass multiplied by velocity squared. At close range, gauss rounds go through a person because they're streamlined, small and moving fast. Frangible ammunition cannot be used because the launch force from the gun is too high. This means the VRF gauss gun is not a gun for all seasons.
In direct fire mode, it's usefull against wave attacks by unarmoured peasants in black pyjamas.
In indirect fire mode, it's usefull for keeping permiters that have modest or zero vegetation cover clear - enemies can go to ground and hide in some long grass but the schtick of the VRF gauss is that everyone in front of it gets a piece of the magic even if none of the rounds are likely to kill at range.
It does have a strong psychological effect on targets. Because it's effectively an area-effect weapon, anyone in front of it knows they're going to be hit, possibly blinded, lose a tooth, possibly be given a wound that requires forceps, sutures and infection. So a VRF guass gun pointing down one of your arcs should keep it clear of trouble once the enemy knows it's there.]